Final answer:
All choices A through C pertain to the design of the AIS which accountants would address. They must determine what financial transactions to record, establish necessary controls to protect and validate the data, and decide on the kinds of financial reports needed for stakeholders.
Step-by-step explanation:
The question you've asked relates to the design of an Accounting Information System (AIS), which is a structure that a business uses to collect, store, manage, process, retrieve, and report its financial data. Accountants play a crucial role in designing the AIS as they need to determine what will be recorded, what controls are necessary to ensure the reliability of the information, and what reports will be generated to meet the various stakeholders' needs.
So, which of the following questions might the accountant answer in the design of the AIS? The answer is D. all of the above. An accountant would consider A. what will be recorded, because they must ensure that essential data is captured to track the financial transactions accurately. B. what controls are necessary would be addressed to safeguard the data and ensure its integrity. Lastly, C. what reports will be produced is vital for communicating financial information to decision-makers within and outside the company.
For example, an accountant might decide to record all transactions that affect the financial position such as sales, purchases, payroll, and receipt of cash. Controls could include password-protected access to financial systems, regular reconciliations, and audit trails. Reports could range from income statements and balance sheets for internal management to required disclosures for regulatory compliance.