central question that must be addressed in bankruptcy proceedings is whether the firm's inability to meet scheduled interest payments results from a temporary cash flow problem or from a potentially permanent problem caused by falling asset values.

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This is true as the central question in bankruptcy proceedings is to determine the root cause of the firm's inability to meet its debt obligations. If the problem is temporary, the firm may be able to restructure its debt and recover, whereas if the problem is permanent, the firm may need to liquidate its assets and cease operations.

Central Question That Must Be Addressed in Bankruptcy Proceedings Is