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Which is the correct statement regarding senior executives' decision-making process to change dividend payouts? Multiple choice question. Changes in dividends usually follow shifts in long-run,

Which is the correct statement regarding senior executives' decision-making process to change dividend payouts? Multiple choice question. Changes in dividends usually follow shifts in long-run, sustainable earnings. Senior executives are not involved in the decision-making process regarding changes to dividend payouts. Changes in dividends of shifts are unaffected by long-run sustainable earnings. Changes in dividends usually follow short-term shifts in sustainable earnings

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