Impedance-source networks cover the entire spectrum of electric power conversion applications (dc-dc, dc-ac, ac-dc, ac-ac) controlled and modulated by different modulation strategies to generate the desired dc or ac voltage and current at the output. A comprehensive review of various impedance-source-network-based power converters has been covered in a previous paper and main topologies were discussed from an application point of view. Now Part II provides a comprehensive review of the most popular control and modulation strategies for impedance-source network-based power converters/inverters. These methods are compared in terms of theoretical complexity and performance, when applied to the respective switching topologies. Further, this paper provides as a guide and quick reference for researchers and practicing engineers in deciding which control and modulation method to consider for an application in a given topology at a certain power level, switching frequency and demanded dynamic response.