During the accumulation period of a deferred variable annuity, the value of the individual account rises or falls based on

Which of the following statements about the times-interest-earned ratio is true?

A) A lower ratio indicates a higher debt paying ability. B) Debt reduction leads to an increase in interest expense. C) The times-interest-earned ratio is also called the interest-coverage ratio. D) The times-interest-earned ratio is calculated by dividing gross income by interest expense.

Under ________, buyers share sales and inventory information directly with key suppliers who monitor and replenish the buyer's stock automatically as needed

A) supplier selection B) proposal solicitation C) general need specification D) vendor-managed inventory E) procurement