Which one of the following is an accurate statement regarding the four "P"s to creating a competitive set? A) The four "P"s stand for Proximity, Pricing, Procedures and Product. B) The four "P"s provide a good starting point when it comes to deciding upon a comp set. C) There are many good reasons to have a hotel that does not participate in your comp set. D) Proximity is always the most important "P".Which one of the following is an accurate statement about the non-geographic category known as class? A) Names of class groups are very different than the names of scale groups. B) The class category is less popular outside of North America. C) The class category is used to combine independent hotels with chain hotels at similar ADR levels. D) Once an independent hotel is assigned into a class category, the independent hotel will never change to a different class group