Assess the following statement as true or false. Enter $T$ for true or $F$ for false.

Bank reconciliation is one of documentation procedure control.

A cash budget contributes to more effective internal control.

Allow only one check signer has access to cash recording is an example of segregation of duties.

The assumption of inventory method $($i$.$e$.$ FIFO etc.$)$ may not match the physical flow of goods.

Technology has make the perpetual inventory more popular and easier to apply.