An organization decides to include diverse stakeholders in the AI development process to identify potential ethical concerns. This practice primarily supports which ethical implementation goal?

Maximizing computational efficiency

Accelerating the deployment timeline

Reducing the need for technical testing

Ensuring inclusive and unbiased AI design

A social media company is using AI to moderate content. The company has faced criticism for inconsistent moderation decisions. To improve transparency, which action should the company take?

Use only human moderators to avoid AI-related transparency issues

Publish the full source code of the moderation AI

Provide users with clear explanations of moderation decisions, including the AI's role

Keep moderation algorithms confidential to prevent gaming

A financial services firm is using an AI system to detect fraudulent transactions. The firm operates in multiple countries, including the EU. The AI system processes personal data of EU citizens. Which compliance requirement is most directly applicable under GDPR?

Conduct a Data Protection Impact Assessment (DPIA) before deployment

Obtain explicit consent from all individuals whose data is processed

Register the AI system with the national data protection authority

Ensure the AI system is deployed on-premises within the EU

ISACAAdvanced in AI Audit

Domain 1Objective 5

Leading Practices, Ethics, Regulations, and Standards for AI AAIA Practice Questions (Page 4)

Part of the AI Governance and Risk domain, which accounts for 33% of the AAIA exam.

28questions here

6free pages

5concepts

33%of the exam

Questions 16–20

16application · medium
An insurance company is implementing an AI system to calculate premiums. The risk management team is applying the NIST AI RMF to identify and mitigate risks. Which step in the NIST AI RMF involves understanding the AI system's context and potential harms?
Select an answer first
17foundation · easy
Which of the following is a recognized standard specifically for AI risk management?
Select an answer first
18foundation · easy
An organization decides to include diverse stakeholders in the AI development process to identify potential ethical concerns. This practice primarily supports which ethical implementation goal?
Select an answer first
19application · medium
A social media company is using AI to moderate content. The company has faced criticism for inconsistent moderation decisions. To improve transparency, which action should the company take?
Select an answer first
20application · medium
A financial services firm is using an AI system to detect fraudulent transactions. The firm operates in multiple countries, including the EU. The AI system processes personal data of EU citizens. Which compliance requirement is most directly applicable under GDPR?
Select an answer first

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Leading Practices, Ethics, Regulations, and Standards for AI AAIA Practice Questions (Page 4)

Questions 16–20

An insurance company is implementing an AI system to calculate premiums. The risk management team is applying the NIST AI RMF to identify and mitigate risks. Which step in the NIST AI RMF involves understanding the AI system's context and potential harms?

Which of the following is a recognized standard specifically for AI risk management?

An organization decides to include diverse stakeholders in the AI development process to identify potential ethical concerns. This practice primarily supports which ethical implementation goal?

A social media company is using AI to moderate content. The company has faced criticism for inconsistent moderation decisions. To improve transparency, which action should the company take?

A financial services firm is using an AI system to detect fraudulent transactions. The firm operates in multiple countries, including the EU. The AI system processes personal data of EU citizens. Which compliance requirement is most directly applicable under GDPR?

Keep studying — AI Governance and Risk