3.4 Explain AI Governance Considerations (policy, Risk Management, Compliance) AI-TECHNICAL-PRACTITIONER Practice Questions (Page 3)

Questions 11–15

1. 11application · medium

   A retail company is launching a customer-facing AI chatbot. The governance committee has approved the project, but the data science team is unsure who is accountable for the chatbot's responses and who should approve changes to its behavior. Which governance structure should be established to clarify this?

   • AAssign a single product owner who is accountable for the chatbot's performance and has authority to approve all changes.
   • BLet the data science team make all decisions since they understand the model best.
   • CHave the legal team approve all changes to ensure compliance.
   • DCreate a committee of all stakeholders that must approve every minor change to the chatbot.
   Reveal Solution Discussion Select an answer first
2. 12foundation · easy

   A company is deploying an AI system that reviews loan applications. To align with ethical standards, what should the governance process include?

   • AA policy to maximize approval rates regardless of fairness
   • BA plan to keep the system's decision-making process secret from applicants
   • CA decision to deploy the system without testing to save time
   • DA review of the system for potential bias and a process for human oversight of decisions
   Reveal Solution Discussion Select an answer first
4. 13foundation · easy

   Which stakeholder group is primarily responsible for ensuring AI models are developed without bias and meet performance standards?

   • AData scientists and engineers
   • BEnd users of the AI system
   • CLegal and compliance teams
   • DExecutive leadership
   Reveal Solution Discussion Select an answer first
5. 14expert · hard

   A large corporation is establishing an AI governance framework. The CEO wants to ensure that AI projects are innovative and fast-moving, but the legal team wants strict oversight to avoid compliance issues. The data science team wants autonomy to experiment. Which governance model best balances these competing interests?

   • AA governance model where the legal team approves all AI projects.
   • BA tiered governance model where low-risk projects have streamlined approval and high-risk projects require full committee review.
   • CA single approval process for all AI projects, regardless of risk.
   • DNo formal governance, allowing teams to self-regulate.
   Reveal Solution Discussion Select an answer first
6. 15application · medium

   A university is developing an AI system to screen student applications. The governance committee includes the dean, a data scientist, and a legal advisor. The committee is debating who should have the final say on whether the system is fair enough to deploy. Which role should have the final authority?

   • AA unanimous vote by the entire committee.
   • BThe legal advisor, to ensure the system is compliant with all laws.
   • CThe dean, as the executive accountable for the university's admissions outcomes.
   • DThe data scientist, as the technical expert on model fairness.
   Reveal Solution Discussion Select an answer first