A Rational Response in Relation to an Investment Involving Time

A rational response in relation to an investment involving time preference for money issues is to prefer to receive a given sum of money earlier rather than later because:

A) there is a greater chance that the entity promising you the money may not fulfil the promise the longer the waiting period.
B) the earlier the money is received the earlier the ability to reinvest and earn a rate of return on such funds.
C) the earlier the money is received the earlier the ability to use the funds for current consumption.
D) all of the above.