State whether the following statements are true or false:
Statement 1: Amoeba reproduces by budding.
Statement 2: Binary fission is a method of asexual reproduction.
Assertion: Asexual reproduction takes place in some unicellular and multicellular organisms.
Reason: Binary fission in Amoeba, budding in Hydra, and regeneration in Hydra are some examples of asexual reproduction.