Given below are two statements:
Statement I : Nitrification is a two-step process. In the first step, ammonia is oxidized to nitrite (NO_2^-) and in the second step, NO_2^- is oxidized to nitrate (NO_3^-)
Statement II : A single microbial genus can perform both steps of nitrification
In light of the above statements, choose the correct answer from the options given below: