Choose the incorrect statement with respect to Glycolysis.
Glycolysis is operated in the presence as well as absence of oxygen and oxygen has no influence on the rate of glycolysis. It has only one oxidation reaction in which there is formation of 1,3- Bisphospho glyceric acid from Phosphoglyceraldehyde. It shows usage of ATP in the earlier reactions and production of ATP in the later reactions. Glycolysis has no decarboxylation reactions.