Which of the following is the initiation codon?

Which of the following statements regarding the genetic code is incorrect?
$i.$ The codon is a triplet.
$ii.$ $64$ codons code for amino acids.
$iii.$ The genetic code is unambiguous.
$iv.$ The genetic code is universal.
$v.$ $AUG$ has dual functions.

Codons of glycine are

Which of the following is a stop codon?

$(i)$ The codon is read in mRNA in a contiguous fashion. There are no punctuations.
(ii) Some amino acids are coded by more than one codon.
(iii) $UUU$ would code for phenylalanine.
(iv) $GAA$ is a stop terminator codon.
Comparing the above statements (i-iv),select the correct option marked with $T$ (True) and $F$ (False) with respect to the salient features of the genetic code.

Which one of the following statements is not correct?