Step 1: Recall definition of endogenous metabolism.
- Endogenous metabolism occurs when external substrate is absent.
- Cells use their own stored material as an energy source.
- In aerobic bacteria, the electron acceptor is dissolved oxygen from the environment, not inside the cells.
Thus, statement (i) is incorrect, statement (ii) is correct.
Step 2: Check link with fermentation.
Fermentative metabolism occurs in the absence of oxygen.
But endogenous metabolism in aerobic bacteria is linked to aerobic respiration using oxygen, not fermentation.
So, statement (iii) is incorrect.
Step 3: Evaluate exogenous metabolism.
- Exogenous metabolism = when bacteria utilize external substrate (e.g., glucose).
- The energy extraction involves enzyme-mediated electron transfer within the cells.
So, statement (iv) is correct.
Step 4: Match with options.
- (ii) is correct.
- (iii) is incorrect.
Hence the correct choice is (B).
Final Answer:
\[
\boxed{\text{(B) (ii) is correct; (iii) is incorrect}}
\]