A company should maintain controls designed to ensure that cash disbursements are made timely (not too early; not too late) for which of the following reasons?

1. To take advantage of short-term investment opportunities.

2. To take advantage of available purchase discounts.

3. To avoid potential damage to its credit rating.

	a.	2 only.
	b.	1, 2, and 3.
	c.	2 and 3.
	d.	1 only.