Step 1: Understanding the Concept:
Transcription is the process of copying genetic information from one strand of the DNA into RNA.
A transcription unit in DNA primarily consists of a promoter, the structural gene, and a terminator.
Step 2: Key Formula or Approach:
Analyze the standard nomenclature of DNA strands during transcription based on their polarity (\(5' \rightarrow 3'\) or \(3' \rightarrow 5'\)) and function.
Step 3: Detailed Explanation:
Statement I: Only one strand functions as a template and is called the antisense strand. This is correct because the DNA-dependent RNA polymerase catalyzes polymerization in only the \(5' \rightarrow 3'\) direction, so the strand with \(3' \rightarrow 5'\) polarity acts as the template (antisense strand).
Statement II: The coding strand of the transcription unit is called the sense strand. This is also correct. The other strand with polarity \(5' \rightarrow 3'\) has the exact same sequence as the RNA (except thymine is replaced by uracil) and is appropriately called the coding or sense strand.
Step 4: Final Answer:
Both statements accurately describe the components of a transcription unit, so option (A) is the correct choice.