The two statements can be checked by naming the actual process involved. Oxidation of ammonia to nitrite followed by oxidation of nitrite to nitrate is the textbook definition of nitrification, carried out by Nitrosomonas and Nitrobacter, so calling it denitrification in Statement (I) is a factual mix up and the statement fails. Because nitrate does not bind strongly to negatively charged soil colloids, it stays dissolved in the soil solution and is the form of nitrogen most available for root uptake, so Statement (II) holds. \[\boxed{\text{Statement (I) incorrect, Statement (II) correct}}\]