AI Governance and Frameworks CRAGE Practice Questions (Page 1)

Questions 1–5

1. 1application · medium

   A healthcare organization is developing an AI tool to assist radiologists in detecting anomalies in medical images. The board of directors has approved the project, but there is no clear owner for ensuring the AI system is transparent and auditable. The organization is subject to medical device regulations. Which stakeholder should be assigned primary responsibility for establishing and enforcing AI governance policies and procedures?

   • AChief AI Officer (CAIO) or equivalent executive
   • BChief Information Security Officer (CISO)
   • CLead data scientist
   • DCompliance team lead
   Reveal Solution Discussion Select an answer first
2. 2foundation · easy

   When developing an AI governance policy, which of the following is the most important first step to ensure the policy aligns with organizational objectives?

   • AConducting a stakeholder analysis to understand needs and expectations
   • BDrafting detailed technical standards for AI development
   • CAssigning roles and responsibilities for policy enforcement
   • DSelecting a specific AI governance framework to adopt
   Reveal Solution Discussion Select an answer first
4. 3application · medium

   A financial services firm is integrating an AI system for fraud detection into its enterprise risk management (ERM) process. The ERM team is unfamiliar with AI-specific risks such as model drift and adversarial attacks. The firm wants to ensure these risks are identified, assessed, and mitigated consistently. What should the firm do first?

   • AOutsource AI risk management to an external vendor
   • BWait for regulatory guidance before integrating AI risks
   • CTrain the ERM team on AI-specific risks before any integration
   • DDevelop a dedicated AI risk register and integrate it with the existing ERM framework
   Reveal Solution Discussion Select an answer first
5. 4application · medium

   A university is deploying an AI system to screen student applications. The data science team develops the model, and the admissions office uses its output. The university's legal counsel is concerned about potential bias. Which stakeholder should be responsible for defining the fairness criteria for the AI system?

   • AThe data science team, because they understand the model's technical capabilities.
   • BThe university's IT department, because they manage the infrastructure.
   • CThe legal counsel, because they understand anti-discrimination law.
   • DThe admissions office, because they understand the educational objectives and what constitutes fair admissions.
   Reveal Solution Discussion Select an answer first
6. 5expert · hard

   An autonomous vehicle company is testing its AI system on public roads. The system must make split-second decisions that could affect safety. The company's governance framework requires human oversight, but human intervention is not always possible in real-time. The company is also concerned about accountability in the event of an accident. What should the company do to address these governance challenges?

   • AImplement a robust safety monitoring system with post-incident review and clear accountability mechanisms
   • BRely on the AI system's self-assessment to ensure safety
   • CDiscontinue testing until human oversight can be guaranteed
   • DRequire a human to approve every decision made by the AI system
   Reveal Solution Discussion Select an answer first