You're on the board of a nonprofit organization. A wealthy philanthropist hears about your financial skills. In order to determine whether they will want you to manage future donations, they give you a monetary gift to see how you handle the money. In your initial post determine if you would rather have $1,000 today or $5,000 in 6 months. Address the following: What would you do with the money to demonstrate to the investor why you should be the one to handle their money? Explain the reason behind your strategy.So far in the course, you have examined several different types of government financial statements and learned about government funds and operations. Choose one of the following questions to discuss: What are some areas of risk in most local governments in relation to fraud? Discuss some areas of government funds or operations where you believe internal controls should be implemented, such as independent verification or separation of duties. How could these internal controls help prevent fraud in government operations? Among the suggestions from your peers, which controls do you believe will be most effective, and why