The government-wide statement of net position would report the following component of net position except

Question

Quizplus · Accepted Answer

The government-wide statement of net position reports Unrestricted net position, Restricted net position, and Net investment in capital assets. It does not include a category for Designated net position, as designations are typically decisions made internally by management and are not a required reporting category under GASB standards for government-wide financial statements.

The Government-Wide Statement of Net Position Would Report the Following