Indicate which statements are true and which are false. 1. Separation of recordkeeping for assets from the custody over assets helps reduce fraud. 2. Separating the responsibility for a transaction between two or more individuals or departments will not help prevent someone from creating a fictitious invoice and paying the money to him or herself. 3. Separating the responsibility for a transaction between two or more individuals or departments never improves a system of internal control. 4. The internal control of separation of duties requires that employees duplicate each other's work.