a. prefer cutting dividends over incurring flotation costs.
b. tend to prefer cutting dividends every time quarterly earnings decline.
c. are reluctant to cut dividends.
d. place little emphasis on dividend policy consistency.
e. tend to ignore past dividend policies.
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Home » Business » Financial managers: a. prefer cutting dividends over incurring flotation costs. b. tend to prefer cutting dividends every time quarterly earnings decline. c. are reluctant to cut dividends. d. place little emphasis on dividend policy consistency. e.