Statements II, III, and IV align with the Scrum Master's facilitative role. The Scrum Master ensures Scrum practices and processes are correctly followed, supports transparency and effective communication, facilitates Scrum meetings, and removes obstacles that interfere with successful delivery. SCRUMstudy describes the Scrum Master as the facilitator and supporting/servant leader who creates an environment conducive to team success.

Statement I is incorrect because strategic objectives and priorities are not defined by the Scrum Master. Strategic priorities are associated with Product Owner roles at the appropriate organizational level—for example, Program Product Owner or Portfolio Product Owner when Scrum is scaled. The Scrum Master supports execution of Scrum and removes impediments; the role does not own the business strategy.

Release Planning is also facilitated or coordinated by the Scrum Master while the Product Owner and Scrum Team participate in determining the release structure and Sprint length. Transparency is supported through visible artifacts, effective facilitation, and adherence to empirical process control.

Therefore, the valid combination is II, III, and IV.

Study Guide reference: Organization - > Scrum Master Responsibilities; Initiate - > Conduct Release Planning; Principles - > Empirical Process Control/Transparency.

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