a. Longer depreciable lives and higher salvage values result in lower depreciation charges. How can the selection of useful life and salvage value affect the financial statements? Discuss. b. Explain the concept of verifiability. Would the useful life and/or amount of salvage value selected be verifiable? Discuss. c. Explain the concept of neutrality. Selection of straight-line method over an accelerated method would result in lower depreciation charges in the earlier years. Would the selection of straight-line over an accelerated method be neutral? Explain. Would it be ethical? Explain.