<prompt> Ketogenesis takes place in:Hepatic mitochondriaHepatic cytoplasmHepatic microsomeHepatic lysosome  <response>: Fatty acid oxidation takes place in mitochondria. Ketogenesis also takes place in mitochondria. HMG-CoA synthase is present in both cytosol and mitochondria. Cytosolic HMG-CoA synthase is involved in cholesterol synthesis. Mitochondrial HMG-CoA synthase is involved in ketogenesis. 