A manager of a manufacturing plant alters production reports to provide the corporate office with an inflated perception of the plant's cost effectiveness in an effort to keep the inefficient plant from being closed. This action would be classified as a(n):
A) risk
B) hazard
C) fraud
D) exposure

Question

Quizplus · Accepted Answer

The manager altering production reports to provide a false perception of cost effectiveness is committing fraud. Fraud is the intentional misrepresentation or concealment of information for financial gain.

A Manager of a Manufacturing Plant Alters Production Reports to Provide