Question: The governmental fund balance sheet equation includes the following elements: Financial assets, long-term liabilities, deferred outflows of resources, and fund balance. O Deferred outflows of

The governmental fund balance sheet equation includes the following elements: Financial assets, long-term liabilities, deferred outflows of resources, and fund balance. O Deferred outflows of resources, deferred inflows of resources, intangible assets, and fund balance. The governmental fund balance sheet equation includes the following elements: Financial assets, capital assets, near-term liabilities, and long-term liabilities.

The governmental fund balance sheet equation includes the following elements: Financial assets, long-term liabilities, deferred outflows of resources, and fund balance. Deferred outflows of resources, deferred inflows of resources, intangible assets, and fund balance. The governmental fund balance sheet equation includes the following elements: Financial assets, capital assets, near-term liabilities, and long-term liabilities

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