Which Statement Is Not True About Cost-Volume Profit (CVP)analysis

Which statement is not true about cost-volume profit (CVP) analysis?

A) CVP analysis is a powerful tool for planning and decision making.
B) CVP analysis allows managers to do sensitivity analysis by examining the impact of various prices or cost levels on profit.
C) CVP analysis shows how revenues,expenses,and profits behave as volume changes.
D) CVP analysis can be used in both single-product and multi-product firms.
E) All of these statements are true.