15 A relative has promised to give you $10,000 a year at the end of each of the next ur years if you earn Bs or better in all of your courses each year. Using a discount rate of 6%, which of the following is correct for determining the present value of the gift? a. PV $1,000 x factor for Present Value of a Single Sum for 4 years, 6%. b. PV $4,000 x factor for Present Value of an Single Sum for 4 years, 6% c. PV= $1,000 x factor for Present Value of an Annuity for 4 years, 6%. d. PV $1,000 x 6% x 4 O a Ob Od Module 4 Question 16 Internal controls can prevent or detect mistakes or irregularities in an organization. Which of the following is a danger? a. incompletely following the controls b. management override c. poor design of decision rights d. all of the above Oa Ob Od