The 'P' in the banker's CAMPARI approach for reviewing a perspective loan applicant stands for:

a. price.

b. product.

c. purpose.

d. place.

e. promotion.

Which of the following is a feature of the breakeven analysis?

a. It assumes that a firm is selling more than one products at a particular price.

b. It assumes that the production cost per unit is a variable.

c. It examines a business's fixed costs only.

d. It requires that total revenues should be lower than total costs.

e. It translates into a situation in which the profit level of a firm is zero.