Millie, Age 80, Is Supported During the Current Year as Follows

question 114

Multiple Choice

Millie, age 80, is supported during the current year as follows: $\begin{array}{ll}&\text { Percent of } \\&\text { Support }\\\text { Weston (a son) } & 20 \% \\\text { Faith (a daughter) } & 35 \% \\\text { Jake (a cousin) } & 25 \% \\\text { Brayden (unrelated close family friend) } & 20 \%\end{array}$ During the year, Millie lives in an assisted living facility. Under a multiple support agreement, indicate which parties can qualify to claim Millie as a dependent.

• A) Weston and Faith.
• B) Faith.
• C) Weston, Faith, Jake, and Brayden.
• D) Faith, Jake, and Brayden.
• E) None of these.

---

Definitions:

Financial Mind-Set

An attitude or perspective that emphasizes the importance of financial outcomes in decision-making.

Operational Mind-Set

A way of thinking that focuses on the efficient execution of processes, tasks, and strategies.

Strategic Thinking

The process of planning for the future, analyzing patterns, and making decisions that will prepare an organization for long-term success.

Enterprising Family

A family that engages in business activities, often with multiple generations contributing to the business's growth and success.