Read carefully the following statements regarding the absorption of nutrients. Find the incorrect statements and choose the correct option from the given below codes.
I) Absorption of carbohydrates takes place in the stomach and jejunum part of intestine.
II) The water soluble end products of food can reach the blood and lymph directly.
III) Large intestine and buccal cavity do not functions as the site of absorption.
IV) Large intestine is the site of absorption of about 99% of the total water present in the hydrolyzed food.