Step 1: Match each enzyme to its corresponding substrates and products.
A. \(\beta\)-galactosidase: This enzyme (lactase) hydrolyzes lactose into its monosaccharide components, corresponding to III. Galactose + glucose.
B. Lecithinase (Phospholipase): This enzyme breaks down lecithin (a phospholipid) into diglyceride (fat), phosphoric acid, and choline, corresponding to I. Choline + H$_3$PO$_4$ + fat.
C. Urease: This enzyme catalyzes the hydrolysis of urea into ammonia and carbon dioxide, corresponding to IV. CO$_2$ + NH$_3$.
D. Lipase: This enzyme breaks down fats (triglycerides) into glycerol and fatty acids, corresponding to II. Glycerol + fatty acids.
The correct matches are A-III, B-I, C-IV, and D-II.