Which of the below best describes the optimal approach in managing MMF's ongoing cash balance?

Question

Answer

Maintain the same cash balance at all times regardless of sales or payment timing

Answer

Reduce cash to zero whenever a payment is received

Answer

Keep the expected spending amount for the next full year in the company's cash balance at all times

Answer

Maintain enough of a cash balance for expected near-term payments and a reasonable buffer for immediate emergency needs

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