AI Governance and Frameworks CRAGE Practice Questions (Page 10)

Questions 46–49

1. 46foundation · easy

   What is the primary purpose of integrating AI governance into an organization's enterprise risk management (ERM) process?

   • ATo transfer all AI risks to third-party vendors
   • BTo ensure AI risks are identified, assessed, and mitigated in a structured manner
   • CTo increase the speed of AI deployment
   • DTo eliminate all risks associated with AI systems
   Reveal Solution Discussion Select an answer first
2. 47foundation · easy

   What is the primary purpose of conducting an AI governance audit?

   • ATo replace the need for ongoing monitoring
   • BTo assign blame for AI failures
   • CTo improve the performance of AI models
   • DTo verify that AI systems comply with governance standards and internal policies
   Reveal Solution Discussion Select an answer first
4. 48application · medium

   A hospital is using an AI system to predict patient readmission risk. The system uses social determinants of health, such as zip code and income, which may introduce bias. The hospital wants to maintain high-quality care while addressing ethical concerns. Which action best balances these priorities?

   • AConduct a bias analysis to determine if social determinants disproportionately affect certain groups, and adjust the model if needed.
   • BReplace the AI system with a manual risk assessment by clinicians.
   • CUse the model as is because social determinants are clinically relevant.
   • DRemove all social determinant variables from the model to eliminate bias.
   Reveal Solution Discussion Select an answer first
5. 49expert · hard

   A multinational corporation is implementing an AI governance framework across its subsidiaries. The subsidiaries have different levels of AI maturity and resources. The corporate headquarters wants to ensure consistent governance but also allow flexibility for local needs. The implementation is expected to face resistance from local teams who see it as additional bureaucracy. What strategy should the corporation adopt?

   • ADelay implementation until all subsidiaries have the same level of AI maturity
   • BImplement a one-size-fits-all framework with identical policies for all subsidiaries
   • CAllow each subsidiary to develop its own governance framework independently
   • DImplement a tiered governance framework with mandatory core requirements and optional best practices
   Reveal Solution Discussion Select an answer first