AI Governance and Program Management AAIA Practice Questions (Page 2)

Questions 6–10

1. 6foundation · easy

   Which of the following is a common characteristic of an effective AI governance structure?

   • AClear escalation paths for AI-related issues
   • BNo formal documentation of roles and responsibilities
   • CA single individual making all AI decisions
   • DIsolation from the overall IT governance structure
   Reveal Solution Discussion Select an answer first
2. 7foundation · easy

   Which of the following is a common activity in AI change management?

   • AAuditing AI systems
   • BCommunicating the benefits of AI to stakeholders
   • CWriting AI algorithms
   • DDeploying AI infrastructure
   Reveal Solution Discussion Select an answer first
4. 8foundation · easy

   What is the primary benefit of integrating AI risk management into the enterprise risk management (ERM) framework?

   • AIt transfers AI risks to the ERM team
   • BIt eliminates the need for a separate AI risk assessment
   • CIt guarantees that all AI risks are fully mitigated
   • DIt ensures AI risks are considered alongside other organizational risks
   Reveal Solution Discussion Select an answer first
5. 9foundation · easy

   Which of the following is a core principle of responsible AI?

   • AMaximizing AI performance at any cost
   • BKeeping AI decision-making processes secret
   • CTransparency in how AI systems make decisions
   • DUsing AI to replace all human decision-making
   Reveal Solution Discussion Select an answer first
6. 10expert · hard

   A financial regulator is auditing a bank's AI governance program. The bank has implemented an AI system for loan approvals. The regulator wants to see evidence that the bank is monitoring the system's performance and managing risks. Which evidence would be most compelling to demonstrate effective governance?

   • AA statement from the CEO affirming the bank's commitment to responsible AI.
   • BA list of all AI projects the bank has deployed, without performance data.
   • CA copy of the AI governance policy, without any implementation evidence.
   • DA report showing the AI system's accuracy and fairness metrics, with trend analysis over time.
   Reveal Solution Discussion Select an answer first