Да, по умолчанию FormBuilder обладает такими же возможностями:
<%= form_for @yourmodel do |f| %>
<%= f.collection_select :company_id, Company.all.order(:name), :id, :name %>
<%= f.submit %>
<% end %>
Согласно collection_select helper
документации
collection_select (метод, коллекция, value_method, text_method,
options = {}, html_options = {}) public
# File actionview/lib/action_view/helpers/form_options_helper.rb, line 834
def collection_select(method, collection, value_method, text_method, options = {}, html_options = {})
@template.collection_select(@object_name, method, collection, value_method, text_method, objectify_options(options), @default_html_options.merge(html_options))
end