When a Firm Acquires a Long-Lived Asset Such as Equipment,if

When a firm acquires a long-lived asset such as equipment,if the tax law allows it managers would generally prefer to ________.

A) depreciate the equipment over a long life
B) depreciate the equipment over a short life
C) immediately take a deduction for the full cost of the asset when it is purchased
D) take no deduction at all for the cost of the equipment