Which of the following statements about the role of depreciable lives and salvage values in the computation of depreciation expenses for financial reporting is most accurate?

A.The estimated useful life of the same depreciable asset should be the same regardless of which company owns the asset.

B.Companies are specifically required to disclose data about estimated salvage values in the footnotes to the financial statements.

C.Depreciable lives and salvage values are chosen by management and allow for the possibility of income manipulation.