If you pass through a body of standing water, you can dry your brakes off by:
a. driving along as if nothing happened
b. gently pumping your brakes
c. both
d. neither
I believe the answer is: Gently pumping your brakes. Gently pumping your brakes would create a pressure that would drive existing water inside your brakes to come off.
By doing this, you would keep the optimum function of your brake and prevented potential collisions with other vehicles or properties.