An active investor concerned about the financial viability of the business is most likely to reflect that concern in their voting on:

An active investor focused on the financial viability of the business is likely to prioritize issues directly related to the company's economic performance, governance, and management effectiveness. Voting on dividends is a critical aspect of this concern because dividends are a reflection of a company's profitability and cash flow. If an investor believes that the business is not financially sound, they may vote against dividend proposals to ensure that capital is retained within the company for necessary reinvestment or to improve liquidity, rather than being distributed to shareholders.

Voting on boards or directors, auditor pay, or audit committee member re-appointments, while important for governance, does not directly address immediate financial concerns as clearly as dividend declarations do. The decision to distribute dividends versus retaining earnings has a more direct impact on the company’s financial health and long-term sustainability, thus aligning closely with the active investor's focus on financial viability.