Given below are two statements:
Statement $I$: $CeO_{2}$ can be used for the oxidation of aldehydes and ketones.
Statement $II$: Aqueous solution of $EuSO_{4}$ is a strong reducing agent.
In the light of the above statements,choose the correct answer from the options given below:

• A
  Statement $I$ is false but statement $II$ is true
• B
  Statement $I$ is true but statement $II$ is false
• C
  Both statement $I$ and statement $II$ are true
• D
  Both statement $I$ and statement $II$ are false