The kinetic energy of photoelectrons emitted in the photoelectric effect is determined by the incident light's frequency (or wavelength), not its intensity, making Assertion (A) false. Photoelectric current is dependent on incident light intensity and independent of its wavelength, thus Reason (R) is also false.Consequently, the correct determination is:\[\boxed{\text{Assertion (A) is false and Reason (R) is also false.}}\]