Given a Financial Manager's Preference for Faster Receipt of Cash

Multiple Choice

Given a financial manager's preference for faster receipt of cash flows, ________.

A) a longer depreciable life is preferred to a shorter one
B) a shorter depreciable life is preferred to a longer one
C) the manager is not concerned with depreciable life, because depreciation is a noncash expense
D) the manager is not concerned with depreciable life, because once purchased, depreciation is considered a sunk cost