Statement I: "Quality control involves the series of inspections, reviews and tests used throughout the software process, to ensure each work product meets the requirements placed upon it."
Statement II: "Quality assurance consists of auditing and reporting functions of management."
In the light of the above statements, choose the correct answer:

1. A(A) Both Statement I and Statement II are true
2. B(B) Both Statement I and Statement II are false
3. C(C) Statement I is correct but Statement II is false
4. D(D) Statement I is incorrect but Statement II is true

Pick an option to check yourself, or open the answer below.