A treasury department overstated its company's cash position by neglecting to account for a $$200,000$ wire transfer. Which of the following controls could have most likely detected the error?

Requiring that all outgoing wire transfers be approved by management.

Requiring internal auditors to perform analytical procedures on cash balances.

Performing monthly reconciliations of all bank accounts.

Including the daily bank$-$activity statements as backup to the monthly entries in the cash$-$receipts journal.