AI Governance CAIPM Practice Questions (Page 7)

Questions 31–35

1. 31expert · hard

   A fintech startup is launching an AI-based lending platform. The platform will operate in the EU and the US. The startup has limited resources and must prioritize compliance efforts. The program manager must decide where to focus initial compliance work. Which decision is most appropriate?

   • AIgnore both EU and US regulations until the platform is fully launched.
   • BPrioritize US compliance because US regulations are more stringent than EU regulations.
   • CPrioritize EU compliance because the EU AI Act and GDPR impose stricter requirements on high-risk AI systems.
   • DFocus only on self-regulation and industry best practices.
   Reveal Solution Discussion Select an answer first
2. 32application · medium

   A retail company is developing an AI policy to govern the use of customer data for personalized marketing. The policy must align with the company's goal of building customer trust while enabling innovation. Which policy element is most important to include?

   • AA policy that allows any employee to access customer data without restrictions.
   • BA statement that AI decisions are final and cannot be appealed by customers.
   • CA clear data governance framework that defines consent, data minimization, and usage boundaries.
   • DA mandate to use all available customer data to maximize personalization.
   Reveal Solution Discussion Select an answer first
4. 33foundation · easy

   Which of the following is a key element of an AI policy that ensures accountability?

   • ADefining clear roles and responsibilities for AI system oversight
   • BSpecifying the budget for AI projects
   • CDescribing the technical architecture of AI models
   • DListing all possible AI use cases in the organization
   Reveal Solution Discussion Select an answer first
5. 34expert · hard

   A hospital is deploying an AI system to assist doctors in diagnosing skin conditions. The system was trained on a dataset that includes mostly light-skinned patients. The hospital serves a diverse population. The medical board is concerned about diagnostic accuracy across different skin tones. What is the best course of action?

   • ADeploy the system only for light-skinned patients
   • BDeploy the system but require a dermatologist to review all diagnoses
   • CRetrain the model with a more diverse dataset before deployment
   • DConduct a clinical trial to measure accuracy across skin tones
   Reveal Solution Discussion Select an answer first
6. 35expert · hard

   A pharmaceutical company is developing an AI system to assist in drug discovery. The system uses patient data and proprietary research. The company must comply with data protection regulations and intellectual property laws. The AI system may produce novel compounds that could be patentable. What is the most important policy consideration?

   • AEstablishing clear ownership of AI-generated intellectual property
   • BObtaining patient consent for data use
   • CPublishing all research findings openly
   • DEnsuring the AI system is transparent to regulators
   Reveal Solution Discussion Select an answer first