e$.$ You have been assigned to the year$-$end audit of a financial institution and are planning the timing of audit procedures relating to cash. You decide that it would be preferable to:

Multiple Choice

Count the cash in advance of the balance sheet date in order to disclose any kiting operations at year$-$end.

Coordinate the count of cash with the cutoff of accounts payable.

Coordinate the count of cash with the count of marketable securities and other negotiable assets.

Count the cash immediately upon the return of the confirmation letters from the financial institution.