Which of the following is incorrect about heap memory?

Question $2$ options:

Heap memory is a common pool of free memory used for dynamic memory allocations within an application.

In the following code segment, the memory for pointer variable p is created on Heap:

float $*$ p $=$ new float;

Heap occupies lower memory addresses than Stack

For the following code segment, a memory for float type data is created on the Heap:

float $*$ p $=$ new float;