Marginal or severely limited
resources frequently result in an adverse effect on safety and efficiency; experience indicates that operators tend to take
short cuts on such vital matters as required maintenance, acquisition of adequate spare parts, training of personnel and
other similar matters with safety implications. The determination of the financial resources of the applicant is usually
based on an audit of the operator's assets and liabilities and a thorough evaluation of all financial information and other
pertinent data such as proposed arrangements for the purchase or lease of aircraft and major equipment.