The government-wide statement of net position must include a column for each of the following except

Question

Quizplus · Accepted Answer

The government-wide statement of net position must include columns for governmental activities, business-type activities, and component units. Fiduciary activities are not included in the government-wide financial statements, as their assets and liabilities are held in a fiduciary capacity and are not assets and liabilities of the government itself.

The Government-Wide Statement of Net Position Must Include a Column