it will execute whatever script you pass it (immutable) and mutate whatever other files you pass it
rm -rf /foo/bar
and in theory it could reduce it to rm -rf /
The passes are very heuristic, so that doesn't seem like something you can rule out.(and I actually want to run it on shell scripts! )
TLDR; C-Reduce just gives you text to run/compile, if you're worried about things like that sandbox as much as possible.