AI Governance and Frameworks CRAGE Practice Questions (Page 3)

Questions 11–15

1. 11foundation · easy

   Which of the following is a key element of an AI governance audit?

   • ARewriting the AI algorithms to improve accuracy
   • BReviewing documentation of AI model development and decision-making processes
   • CIncreasing the number of AI models in production
   • DDeleting historical data to reduce storage costs
   Reveal Solution Discussion Select an answer first
2. 12application · medium

   A manufacturing company is introducing an AI-based predictive maintenance system. Employees are skeptical that the system will replace their jobs. The company wants to implement the AI governance framework with minimal resistance. Which implementation strategy is most effective for gaining employee buy-in?

   • ARun training sessions that explain how the AI system augments workers' roles and include employees in the rollout planning.
   • BDeploy the system immediately and provide a helpdesk for questions.
   • CAnnounce the system in a company-wide email and offer optional online tutorials.
   • DLimit information about the system to managers to avoid confusion.
   Reveal Solution Discussion Select an answer first
4. 13application · medium

   A bank's AI governance team is preparing for an external audit of its credit-scoring AI system. The auditor asks for evidence that the system complies with the bank's internal AI governance policy. Which evidence would be most compelling for the auditor?

   • AAn email from the data science team describing the model's accuracy.
   • BA slide deck summarizing the system's features for a board meeting.
   • CA signed approval from the AI governance committee documenting the system's risk assessment and mitigation plan.
   • DA verbal assurance from the compliance officer that the system is compliant.
   Reveal Solution Discussion Select an answer first
5. 14application · medium

   A large e-commerce company has an AI team that develops recommendation algorithms. The company's board is concerned about the ethical implications of these algorithms and wants to ensure oversight. The company has no formal AI governance structure. What should the board do to establish effective governance?

   • AHire an external auditor to review AI systems annually
   • BAdopt a governance framework without assigning specific roles
   • CCreate an AI ethics committee with representatives from legal, compliance, and data science
   • DDelegate all AI governance decisions to the data science team
   Reveal Solution Discussion Select an answer first
6. 15foundation · easy

   Which role in AI governance is primarily responsible for ensuring that AI systems comply with applicable laws, regulations, and internal policies, and for conducting compliance assessments?

   • AAI ethics committee
   • BData scientist
   • CCompliance team
   • DChief Executive Officer (CEO)
   Reveal Solution Discussion Select an answer first