Final answer:
The incorrect statement is Option C: The compounds which are found in the acid insoluble fraction are called micromolecules.
Step-by-step explanation:
The incorrect statement is Option C: The compounds which are found in the acid insoluble fraction are called micromolecules.
In reality, the compounds found in the acid insoluble fraction are known as macromolecules. Macromolecules are large molecules made up of smaller subunits called monomers. They include proteins, polysaccharides, nucleic acids, and lipids.
Option A is correct. The acid insoluble fraction consists of proteins, polysaccharides, nucleic acids, and lipids. Option B is correct as well. Chemical compounds in living organisms can be categorized into acid soluble and acid insoluble fractions. Option D is also correct. The acid soluble pool represents the composition of the cytoplasmic components.