Classify falsifying financial records as corruption

Falsifying financial records can indeed be classified as corruption. Corruption refers to the misuse of power or public resources for personal gain, typically involving dishonest or unethical behavior. Falsifying financial records involves intentionally manipulating or misrepresenting financial information for various purposes, such as concealing illegal activities, evading taxes, or misguiding investors. Such actions undermine transparency, accountability, and fairness in financial systems, which are fundamental to preventing corruption.