Indicate which statements are true and which are false. 1 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 2 One objective of internal control procedures is to safeguard the assets of the business 3 Separation of recordkeeping for assets from the custody over assets does not prevent collusion between two or more employees to commit fraud 4 Separating the responsibility for a transaction between two or more individuals or departments never improves a system of internal control