When reviewing its budgets, including the cash budget, management of Transcend Inc. have considered best-case and worst-case scenarios. As they completed their analysis, it was decided because of the possibility of unexpected repairs and unanticipated higher labor costs to add another $30,000 to the amount of the target cash balance to maintain throughout the year. The reason for this action would be which of these motives for holding cash?

a. Transaction motive

b. Opportunity cost mitigation motive

c. Precautionary motive

d. Speculative motive