Given below are two statements:
Statement I: IUPAC name of \( \mathrm{HO-CH_2-(CH_2)_5-CH_2-COCH_3} \) is \( 7 \)-hydroxyheptan-\( 2 \)-one.
Statement II: \( 2 \)-oxoheptan-\( 7 \)-ol is the correct IUPAC name for above compound.
In the light of the above statements, choose the most appropriate answer from the options given below: