Question

multiple choice question
sarbanes-oxley has extended the statute of limitations regarding the discovery of fraud to ____ years from the date of discovery of the fraud and ____ years from the criminal act.
o one; three
o three; seven
o two; five
o five; ten

Explanation:

The Sarbanes - Oxley Act extended the statute of limitations for fraud to two years from the date of discovery of the fraud and five years from the criminal act. This is a key provision in corporate and securities law aimed at holding wrong - doers accountable for a longer period.

Answer:

C. two; five