The statement that is NOT true about glycolysis is:
"Glycolysis is the last step of cellular respiration."
This statement is incorrect because glycolysis is the first step of cellular respiration, not the last. Cellular respiration consists of three main stages: glycolysis, the citric acid cycle (Krebs cycle), and the electron transport chain. Glycolysis takes place in the cytoplasm and is followed by the other two stages in the mitochondria.