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Exhibit No.: Issue: Witness: Sponsoring Party: Type of Exhibit: Case No.: Date Testimony Prepared:Financial Ability David Murray, CFA Mops Staff Rebuttal Testimony EA20180202 September 28, 2018MISSOURI

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Individuals applying for loans or credit

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What is financial ability?

Financial ability refers to a person's or organization's capacity to manage and fulfill financial obligations, such as paying bills, debts, and other financial commitments.

Who is required to file financial ability?

Individuals and organizations that must disclose their financial status, such as those applying for loans, grants, or certain government assistance programs, are required to file financial ability.

How to fill out financial ability?

To fill out financial ability, gather necessary financial documents, complete the required forms with accurate income, expense, asset, and liability information, and submit them to the respective authority or institution.

What is the purpose of financial ability?

The purpose of financial ability is to assess an individual's or entity's capability to meet financial obligations and to determine eligibility for financial assistance or credit.

What information must be reported on financial ability?

Information typically required includes income details, expenses, assets, liabilities, and any other financial commitments that demonstrate financial standing.

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