AI0-001 AI Governance and Ethics Practice Question
A financial institution wants to deploy an AI system that automates loan approvals. Under the EU AI Act, this system would be classified as high-risk. Which of the following is a MANDATORY requirement for high-risk AI systems before market placement?
Answer choices
Why each option matters
Answer the question above first, then reveal the full breakdown to understand why each option is right or wrong.
Correct answer & explanation
✓
Establishing a risk management system throughout the system lifecycle
The EU AI Act requires a conformity assessment (often including third-party involvement) for high-risk AI systems to ensure compliance with requirements such as data governance, transparency, and human oversight. The other options are either voluntary, not required, or apply to lower-risk tiers.
Answer analysis
Option-by-option breakdown
For each option: why learners choose it and why it is or isn't the right answer here.
- ✗
Obtaining a CE marking of conformity through self-assessment only
Why it's wrong here
High-risk systems typically require third-party conformity assessment unless a harmonised standard covers all aspects.
- ✓
Establishing a risk management system throughout the system lifecycle
Why this is correct
A continuous risk management system is a mandatory requirement for high-risk AI systems under the EU AI Act.
- ✗
Acquiring liability insurance for AI-related harms
Why it's wrong here
Insurance is not a mandatory requirement of the EU AI Act.
- ✗
Publishing the training dataset in an open repository
Why it's wrong here
The Act does not require public release of training data; data governance is required but confidentiality may be maintained.
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JA
Written by Johnson Ajibi, MSc IT Security
Senior Network & Security Engineer · founder of Courseiva
This AI0-001 practice question is part of Courseiva's free CompTIA certification practice question bank. Courseiva provides original exam-style practice questions with explanations, topic-based practice, mock exams, readiness tracking, and study analytics to help learners prepare for the AI0-001 exam.