AI Vendor and Supply Chain Management AAISM Practice Questions (Page 1)

Questions 1–5

1. 1foundation · easy

   Which element is essential for effective incident response coordination with a vendor?

   • AA policy that all incidents are handled by the organization's legal team
   • BA requirement that the vendor resolves all incidents without notifying the organization
   • CClear communication channels and defined roles
   • DA clause that holds the vendor solely responsible for all incidents
   Reveal Solution Discussion Select an answer first
2. 2application · medium

   A healthcare organization uses an AI-based diagnostic tool from a vendor. The tool integrates with a cloud storage provider and a third-party analytics library. The organization wants to understand potential vulnerabilities in the entire system. What is the most effective approach?

   • AAsk the vendor to sign a contract that holds them liable for any security breach.
   • BConduct a penetration test on the AI tool's interface.
   • CRely on the vendor's security certifications to ensure the system is secure.
   • DCreate a comprehensive supply chain map that identifies all third-party components and their dependencies.
   Reveal Solution Discussion Select an answer first
4. 3foundation · easy

   What is the primary goal of supply chain mapping in AI vendor management?

   • ATo ensure all vendors use the same data storage location
   • BTo identify all third-party components and dependencies in the AI supply chain
   • CTo reduce the number of vendors used by the organization
   • DTo create a list of potential vendors for future projects
   Reveal Solution Discussion Select an answer first
5. 4expert · hard

   A technology company is considering an AI vendor for a critical project. The vendor is a startup with innovative technology but has limited financial history. The company's risk management team is concerned about the vendor's long-term viability. The vendor has offered a significant discount to win the contract. What should the company do?

   • AAsk the vendor to provide a personal guarantee from the founders.
   • BAccept the discount and proceed with the vendor to save costs.
   • CConduct a thorough vendor due diligence including financial stability checks, references, and security posture assessment, and weigh the discount against the risks.
   • DReject the vendor solely because they are a startup.
   Reveal Solution Discussion Select an answer first
6. 5foundation · easy

   Which activity is the primary purpose of a vendor risk assessment before engaging an AI vendor?

   • ATo establish a service-level agreement for uptime
   • BTo evaluate the vendor's security, compliance, and operational risks
   • CTo ensure the vendor uses the same technology stack as the organization
   • DTo negotiate the lowest possible contract price
   Reveal Solution Discussion Select an answer first