Yes, number of lanes indicated does not necessarily match the real world.
But you should be able to see if you are supposed to get in a turn lane (right-most or left-most is lit up), or if you are supposed to stay in straight-on lanes (central lane/s).
Color-code is the same as for the turn instruction arrows:
yellow="coming up", green="pretty imeadiately".
Hope this helps.
Wherever you see really different behavior, there are likely deficiencies in the OSM map data. If you see consitent different behavior, there may be a bug in Osmand, but I had had not noticed any (using the feature alot).
Best,
Hardy