Question
Why do capital outlay and depreciation move in opposite directions on the change reconciliation?
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Answer
Capital outlay is added back; depreciation is subtracted.
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Question
How do unavailable revenues affect the government-wide conversion?
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Answer
Add them, because full accrual recognizes them earlier.
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Question
Why are accrued interest, compensated absences, and pension or OPEB expense subtracted in the change reconciliation?
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Answer
They are recognized under full accrual but not yet in the funds.
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Question
Why is depreciation recorded on the conversion worksheet?
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Answer
Governmental funds do not depreciate capital assets.
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