Final answer:
The statement is false because the standard indentation for a block quotation is one half-inch from the left margin, not two inches.
Step-by-step explanation:
The statement that a quote of five or more lines should be separated from the text in a block and indented two inches from the margin is False. When creating a block quotation, you should indeed separate a quote of more than four lines from your main text. However, the standard indentation for a block quote is typically one half-inch (or five spaces) from the left margin, not two inches. Quotation marks are not needed for block quotations because the indentation signifies that it is a direct quote. You should also maintain the same spacing as the main text and include a proper in-text citation after the block quote.