Which of the following is the largest cost associated with bankruptcy?
A) Managerial time and resources devoted to the bankruptcy proceedings
B) Legal expenses
C) The loss of key customers and employees
D) Bankruptcy court fees
E) Banking fines

Question

Quizplus · Accepted Answer

Direct costs are small when compared to indirect costs which include loss of customers and key employees.

Which of the Following Is the Largest Cost Associated with Bankruptcy