Preheat oven to 350 degrees. Beat oil, sugar and eggs together. Add dry ingredients; blend thoroughly. Add remaining ingredients; mix well. Turn into two 5x9-inch greased and floured pans. Bake for approximately 60 to 70 minutes. Combine cream cheese and butter. Blend in cocoa and sugar; mix well. NOTE: Can be baked in a well oiled 10-inch tube pan for 1 hour and 20 minutes instead of loaf pans. Fold in 2 cups banana slices in place of carrots for a different flavor; do not beat. ----