The following is true about the variable costing system: Select one: a. The profit is increased by each unit that is sold beyond the break-even point. b. It is preferred by financial accountants for financial reporting purposes. c. All statements are true d. Management accountants prefer not to use it because it takes into account the full cost of the product manufactured. e. It always reports a higher profit than the absorption costing system. Which of the following statements regarding sensitivity analysis is true? Select one: a. It shows the effects of uncertainty by changing the values of the key factors and shows the effect of the changes on the projected outcome. b. It is a simple technique that requires several calculations. c. Its objectives is to identify those factors which have the largest impact on the outcome. d. All three of the statements are true. e. None of the statements are true