Indicate which statements are true and which are false.

1.	Separation of recordkeeping for assets from the custody over assets does not prevent collusion between two or more employees to commit fraud.	True
2.	Hiring auditors to review internal controls increases risk of theft.	False
3.	Bonding key employees helps reduce risk of theft.	True
4.	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.	False