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Strivant Industries Is a Struggling Company Whose Profits Are Dropping

Question 58

Multiple Choice

Strivant Industries is a struggling company whose profits are dropping. Manager Jill Trainor is looking at the numbers on the annual report she is preparing to send out to investors. She takes a red pencil and strikes through several numbers, replacing them with figures that make Strivant seem more profitable than it really is. What impact might this action have on Strivant Industries?


A) It will require the firm to complete a social audit.
B) It will likely result in a diminished reputation and profit for the firm.
C) It will eventually lead to an actual increase in profits.
D) It will improve the firm's economic responsibility.

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