Step 1: The pancreas is indeed a merocrine gland, which means that the secretory product is released by exocytosis without losing any part of the cell.
Step 2: The given reason states that the apical parts of the pancreatic cells are pinched off along with the secretory product. However, this statement is inaccurate for a merocrine gland, as merocrine glands do not lose any part of the cell during secretion.