Which of the following items would be added to changes in fund balance in reconciling the governmental funds operating statement information to the changes in net position in the government-wide statement?

Question

Quizplus · Accepted Answer

Capital outlay expenditures are added back to reconcile the governmental funds operating statement to the government-wide statement because they are recorded as expenditures in the fund statements but are capitalized in the government-wide statements.

Which of the Following Items Would Be Added to Changes