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Regarding cumulative preferred share dividend payments by corporations, which of the following is typically most accurate? Select one: O a. No dividend payment will be

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Regarding cumulative preferred share dividend payments by corporations, which of the following is typically most accurate? Select one: O a. No dividend payment will be made until 120 days after fiscal year end O b. No common share dividends can be paid until any arrears on the cumulative preferred share dividends are caught up Oc. Default will not arise even if the dividend payment has not been made after declaration date Od. There is no such thing as dividends on cumulative preferred shares Oe. The dividends are paid only to those on record after record date

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