Which of the following is true about a firm?s float?

A firm strives to minimize the float for both cash receipts
and cash disbursements.
A firm strives to maximize the float for both cash receipts
and cash disbursements.
A firm strives to maximize the float for cash receipts
and minimize the float for cash disbursements.
A firm strives to maximize the float for cash disbursements
and minimize the float for cash receipts.

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