Which of the following statements concerning financial goals and objectives is$($are$)$ CORRECT?

I. Financial objectives are high$-$level statements of financial desire that may be for the short term or the long term.

II$.$ Financial goals are high$-$level statements of financial desire that may be for the short term or the long term.

Question $3$ options:

$1)$

Both I and II

$2)$

I only

$3)$

II only

$4)$

Neither I nor II