In general, _________________.

a. a longer depreciable life is preferred, because management can postpone purchasing new assets, since the old assets have a useful life.

b. a shorter depreciable life is preferred, because it will result in a faster receipt of cash flows.

c. a longer depreciable life is preferred, because it will result in a faster receipt of cash flows.

d. a shorter depreciable life is preferred, because management and then purchase new assets, as old assets are written off.