Statement evaluation:
(1) Vascular bundles are scattered: Accurate. Monocot stems exhibit scattered vascular bundles within the ground tissue, contrasting with dicots' ring arrangement.
(2) Vascular bundles are conjoint and closed: Accurate. Monocot vascular bundles are conjoint (xylem and phloem together) and closed (lacking cambium between xylem and phloem).
(3) Phloem parenchyma is absent: Accurate. Monocot stems typically lack phloem parenchyma; phloem comprises primarily sieve tubes and companion cells.
(4) Hypodermis is parenchymatous: Inaccurate. The hypodermis in monocot stems is generally sclerenchymatous, providing structural support, not parenchymatous.
Conclusion: The correct statement is "Hypodermis is parenchymatous."