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In a reconciliation of total governmental fund balances to net position of governmental activities, which one of the following is not a correct reconciliation item?
In a reconciliation of total governmental fund balances to net position of governmental activities, which one of the following is not a correct reconciliation item?
A. | Subtract noncurrent compensated employee absences payable of governmental funds | |
B. | Add intangible assets of governmental funds | |
C. | Add fiduciary fund net position | |
D. | Subtract accrued interest on long-term debt of governmental funds |
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