Loss created by sale of assets which was required to improve liquidity is an indirect cost of bankruptcy.

Name: Loss created by sale of assets which was required to improve liquidity is an indirect cost of bankruptcy.
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Quizplus · Accepted Answer

This loss is considered an indirect cost because it's a consequence of the financial distress leading to bankruptcy, not a direct cost like legal fees, but still results from the need to address liquidity issues.

Loss Created by Sale of Assets Which Was Required to Improve