playing/recording a loop with multi tracks.. (live)

hello !

Is it possible to play a loop with (for example) 10 tracks (MIDI/instruments/audio), and record the arrangement when i mute a track, record automations, tracks mute, live midi play ?

i know this is possible with ableton, but would like to know if i can make a live in cubase 7 and record it on other mesures .

thanks for help !