AAIA AI Governance And Risk Practice Test 2 — 15 Questions

Question 1

Which technique is most appropriate for mitigating 'Concept Drift' in a production model?

Accepted Answer

Implementing an automated re-training pipeline based on performance threshold triggers. Continuous re-training or fine-tuning based on recent data is the standard mitigation for concept drift.

Answer

Increasing the number of neurons in the hidden layers

Answer

Moving the model to a larger GPU cluster

Answer

Restricting access to the training dataset

Question 2

You are assessing 'Model Security'. Which attack vector specifically exploits the AI training phase?

Accepted Answer

Data poisoning. Data poisoning involves injecting malicious data into the training set to influence the model's behavior.

Answer

Man-in-the-middle attack

Answer

Denial-of-service attack

Answer

Phishing attack

Question 3

Which artifact should an auditor request to verify 'Model Governance' during the model life cycle?

Accepted Answer

Independent model validation reports. Model validation reports provide evidence that the model was checked against performance and safety standards.

Answer

The personal notes of the lead developer

Answer

A photograph of the development team

Answer

A list of office keys issued to employees

Question 4

What is the primary function of an 'AI Ethics Board'?

Accepted Answer

Reviewing AI projects for alignment with corporate values and societal norms. The ethics board ensures that AI projects align with corporate values and societal standards.

Answer

Managing the HR payroll systems

Answer

Fixing bugs in the server infrastructure

Answer

Writing the code for all production models

Question 5

In the context of 'AI Compliance', what is a 'Model Card'?

Accepted Answer

A document providing transparency regarding model features, limitations, and training data. A model card provides transparency by documenting the model's intended use, limitations, and performance metrics.

Answer

A physical access card for the data center

Answer

A credit card used for paying cloud compute bills

Answer

A list of all users authorized to access the AI

Question 6

Which THREE components are critical for a robust 'AI Governance' framework?

Accepted Answer

Established AI ethics and compliance policies. Effective governance requires policy, accountability, and continuous monitoring.

Answer

Increasing the size of the marketing team

Answer

Choosing the most expensive cloud platform

Question 7

Which TWO of the following are essential when performing an 'AI Risk Assessment'?

Accepted Answer

Assessing the likelihood and severity of identified risks. An assessment must identify both technical risks and potential impacts on stakeholders.

Answer

Listing the names of the team members' families

Answer

Choosing the best coffee brand for the office

Answer

Selecting the color scheme for the model's dashboard

Question 8

You are auditing a model's 'Data Pre-processing' step. Which practice is a major concern regarding data privacy?

Accepted Answer

Storing training data that can be re-identified without proper access controls. Re-identification of anonymized data is a significant risk that must be mitigated in data handling.

Answer

Documenting the transformations applied to the data

Answer

Compressing the data to save storage costs

Answer

Using open-source data transformation libraries

Question 9

Which role is primarily responsible for ensuring that the AI governance framework is followed in daily operations?

Accepted Answer

The Model Manager or Product Owner. The AI Product Owner or Model Manager is responsible for the operational compliance of their specific AI systems.

Answer

The company's external auditor

Answer

The office manager

Answer

The chief financial officer

Question 10

When auditing an 'AI Model Lifecycle', which phase occurs immediately after the 'Model Training' phase?

Accepted Answer

Model Validation. After training, the model must be validated before it is deployed to production.

Answer

Writing the initial requirements

Answer

Marketing the model to customers

Answer

Decommissioning

Question 11

What is the purpose of 'Model Versioning' in an AI audit context?

Accepted Answer

To allow for reproducibility and auditability of past model versions. Versioning ensures that the specific state of a model used for a specific decision can be retrieved and audited.

Answer

To automatically delete old models to save space

Answer

To hide the model code from competitors

Answer

To reduce the number of files on the server

Question 12

You find that the 'Inference API' for a model allows 'Prompt Injection' attacks. Which governance failure is most likely?

Accepted Answer

Inadequate input validation controls and adversarial testing. Prompt injection is a failure of input validation and security design within the model governance framework.

Answer

Lack of a social media presence for the company

Answer

Using a low-cost cloud provider

Answer

Failure to update the company logo

Question 13

Which AI risk is best mitigated by conducting a 'bias audit' on the training dataset?

Accepted Answer

Unfairness and discrimination in model outputs. Bias audits analyze datasets for underrepresented groups or historical prejudices that would lead to discriminatory outputs.

Answer

Hardware overheating

Answer

System latency

Answer

Server cost overruns

Question 14

A firm uses a 'Federated Learning' approach. Which governance benefit does this provide?

Accepted Answer

Enhanced data privacy by keeping raw data locally on devices. Federated learning allows training on decentralized data, keeping raw data on local devices, which enhances privacy.

Answer

Reduced usage of electricity

Answer

Faster model training times

Answer

Improved model interpretability

Question 15

What is the main role of the 'AI Risk Assessment' document in a project lifecycle?

Accepted Answer

To identify and evaluate potential risks before the model is deployed. The risk assessment identifies potential hazards and guides the implementation of controls before the project proceeds.

Answer

To provide a history of the company's annual profits

Answer

To record the names of all HR staff

Answer

To list the office parking spaces