The diaphragm contracts during inspiration and relaxes during expiration. So, option A is correct.
Adenosine triphosphate (ATP) is the energy currency of the cell. Option B is hence incorrect.
Glycolysis is the phase that is common to both aerobic and anaerobic respiration. It involves the utilisation of glucose to produce pyruvic acid. So, option C is incorrect.
Excess carbon dioxide during cellular respiration results in the formation of carbonic acid and not carbon monoxide. Therefore, option D is also incorrect.