Which of the following statements concerning endocytosis and exocytosis is correct?

In Biology Endocytocis is the bulk movement of materials into the cell, Exocytosis is the bulk movement of materials out of the cell. Phagocytosis is the process by which solid materials are taken into the cell. Working on the above deductions statement 1 is right,two is wrong, phago is solid, pino is liquid,3 is wrong both are forms of active transport,4 must be wrong, non sequitur(it does not follow) endocytosis by definition involves things going IN,so it has nothing to do with waste products being excreted and exported,that would be exocytosis.The final statement is correct