Which of the following items is not included in reconciling the governmental funds operating statement information to the change in net position in the government-wide statement?

Question

Quizplus · Accepted Answer

The increase in salaries payable is a short-term liability and does not affect the change in net position in the government-wide statement, which reflects the long-term financial position of the government. The other items listed are adjustments for items that are not recognized in the governmental funds operating statement but impact the change in net position in the government-wide statement.

Which of the Following Items Is Not Included in Reconciling