Question: Question 2 (2 points) Saved A reconciliation must be shown of the items that cause the difference between the total net position that are reported

Question 2 (2 points) Saved A reconciliation must be shown of the items that cause the difference between the total net position that are reported for the governmental activities on the government-wide statement of net position, and the total of the fund balances that appears on the balance sheet for the governmental funds. Which of the following items would be included in this reconciliation? I. Long-term assets used in governmental activities Il. Long-term liabilities related to governmental activities A) II only. O B) Both I and II. O C) 1 only (D) Neither I nor Il

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