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Fred is a full-time teacher. He has written a book and receives royalties from it. Fred's mother, Mabel, is age 65 and lives on her Social Security benefits and gifts from her son, Fred. This year Fred directed the publisher to make the royalty check payable to Mabel because she needs the money for support. Fred must include the amount of the royalty check in his gross income.
Critical Path
A continuity of necessary tasks in a project's agenda that have to be accomplished on time for the project to meet its proposed finalization date.
Pessimistic
An attitude or perspective that tends to see the worst aspect of things or believe that the worst will happen.
Probable
Likely to occur or be the case.
Optimistic
Having a positive outlook or expectation about the future or the success of something.
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