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Which of the following is/are CORRECT statement(s) about version and release ?

I. A version is an instance of a system, which is functionally identical but nonfunctionally distinct from other instances of a system.

II. A version is an instance of a system, which is functionally distinct in some way from other system instances.

III. A release is an instance of a system, which is distributed to users outside of the development team.

IV. A release is an instance of a system, which is functionally identical but nonfunctionally distinct from other instances of a system.

  1. I and III
  2. II and IV
  3. I and IV 
  4. II and III
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