Which of these statements about direct bankruptcy costs is not true?

Which of these statements about direct bankruptcy costs is not true?




A) Direct bankruptcy costs include the hiring of additional accountants, lawyers, and consultants.
B) Direct bankruptcy costs are less than indirect costs.
C) Suppliers requiring cash on delivery is part of a firm's direct bankruptcy costs.
D) Negotiating with lenders may help a firm reduce direct bankruptcy costs.





Answer: C


Learn More :