Incorrect statement is: Type II membrane proteins have a signal sequence targeting them to the ER as well as a signal anchor sequence.
Signal peptide or signal sequence is a sequence of amino acids that gets recognized by signal recognition particle (SRP). This sequence is involved in cotranslational translocation into ER, where the protein should be folded. A stop-transfer sequence signals that translation of the protein should continue in the cytosol (not in ER). A signal anchor sequence signals the insertion of protein into the ER membrane.