Pretend that you are a financial specialist for Daytona Beach Police Department. The agency director has received an audit report discrepancy that identified the agency was using a mixture of cash basis and accrual accounting methods. Now the director wants you to implement only one method and has asked you to develop a recommendation.

He is asking you to

*summarize each accounting method (cash basis, modified, and accrual accounting), including the advantages and disadvantages of each method.

*Identify which accounting method you recommend Daytona Beach Police Department should implementcash-basis, accrual, or modified accrualand explain why you selected that method. *Identify at least two fiscal management strategies and explain how your chosen accounting method aligns with those fiscal management strategies.

*How would this be answered in a multiparagraph paper with the heading, conclusion, and body?