Indicate whether each of the following statements regarding internal controls is true or false.

a)	Separation of duties is an internal control feature that requires different individuals to perform the following functions: authorization, recording, and custody of assets.
b)	Under proper internal controls, the person who collects customer payments should also maintain the records of cash receipts.
c)	Under proper internal controls, those who are given authority should bear the corresponding responsibility.
d)	One of the basic rules of internal control is to require some employees to take regular vacations.
e)	A fidelity bond is a form of insurance that companies ask employees to buy to protect the company from loss due to employee dishonesty