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Indicate which statements are true and which are false. 1. Separation of recordkeeping for assets from the custody over assets helps reduce fraud. Separating the

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Indicate which statements are true and which are false. 1. Separation of recordkeeping for assets from the custody over assets helps reduce fraud. 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 themself 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 duties requires that employees duplicate each other's work

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