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| Section | Weight | Objectives |
|---|
| Topic 1: Governance of AI Development | 21–25% | - Requirements gathering, risk assessment and mitigation - Testing, validation, documentation and transparency - Governance through design and lifecycle management - Model management, version control and quality assurance
|
| Topic 2: Foundational Concepts of AI Governance | 24–28% | - Impacts, risks and benefits of AI systems - Governance frameworks and core concepts - Fundamental AI definitions, types and characteristics - Principles of responsible, ethical and trustworthy AI
|
| Topic 3: Laws, Regulations, Standards and Frameworks | 24–28% | - Sector-specific requirements and compliance obligations - Global and regional regulations (EU AI Act, US, etc.) - Alignment with data protection and privacy laws - International standards (ISO 42001, NIST AI RMF, etc.)
|
| Topic 4: Governance of AI Deployment and Use | 21–25% | - Lifecycle maintenance, decommissioning and updates - Implementation, monitoring and ongoing oversight - Incident response, accountability and audit - Selection, procurement and third-party management
|
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HOT New AIGP Exam Name: IAPP Certified Artificial Intelligence Governance Professional - Latest IAPP Test AIGP Dump
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IAPP Certified Artificial Intelligence Governance Professional Sample Questions (Q21-Q26):
NEW QUESTION # 21
A company deploys an AI model for fraud detection in online transactions. During its operation, the model begins to exhibit high rates of false positives, flagging legitimate transactions as fraudulent. Which is the best step the company should take to address this development?
- A. Maintain records of all false positives.
- B. Conduct training for customer service teams to handle flagged transactions.
- C. Dedicate more resources to monitor the model.
- D. Deactivate the model until an assessment is made.
Answer: D
Explanation:
Temporarily deactivating the model prevents further operational issues and allows a thorough assessment and retraining to reduce false positives before redeployment.
NEW QUESTION # 22
According to the EU Al Act, providers of what kind of machine learning systems will be required to register with an EU oversight agency before placing their systems in the EU market?
- A. Al systems trained on sensitive personal data.
- B. Al systems that are high-risk.
- C. Al systems that are "strong" general intelligence.
- D. Al systems that are harmful based on a legal risk-utility calculation.
Answer: B
Explanation:
According to the EU AI Act, providers of high-risk AI systems are required to register with an EU oversight agency before these systems can be placed on the market. This requirement is part of the Act's framework to ensure that high-risk AI systems comply with stringent safety, transparency,and accountabilitystandards. High- risk systems are those that pose significant risks to health, safety, or fundamental rights. Registration with oversight agencies helps facilitate ongoing monitoring and enforcement of compliance with the Act's provisions. Systems categorized under other criteria, such as those trained on sensitive personal data or exhibiting "strong" general intelligence, also fall under scrutiny but are primarily covered under different regulatory requirements or classifications.
NEW QUESTION # 23
Why must AI governance policies address third-party AI systems?
- A. External systems cannot cause harm
- B. Liability may still attach to deployers
- C. Third-party models are always open source
- D. Third parties are exempt from regulation
Answer: B
NEW QUESTION # 24
CASE STUDY
Please use the following to answer the next question:
A leading insurance provider that offers a range of coverage options to individuals has decided to utilize AI to streamline and improve its customer acquisition and underwriting process, including the accuracy and efficiency of pricing policies. The company has engaged a cloud provider to utilize and fine-tune its pre-trained, general purpose large language model ("LLM").
The company intends to use its historical customer data - including applications, policies and claims - and proprietary pricing and risk strategies to provide an initial qualification assessment of potential customers, which would then be routed to a human underwriter for final review.
The company and the cloud provider have completed training and testing the LLM, performed a readiness assessment, and made the decision to deploy the LLM into production. They have designated an internal compliance team to monitor the model during the first month, specifically to evaluate the accuracy, fairness and reliability of its output.
After the first month in production, the company realizes that the LLM declines a higher percentage of women's applications.
The best approach to enable a customer who wants information on the AI model's parameters for underwriting purposes is to provide:
- A. A transparency notice.
- B. An opt-out mechanism.
- C. Customer service support.
- D. Detailed terms of service.
Answer: A
Explanation:
Providing a transparency notice informs customers about how the AI model's parameters affect underwriting decisions, meeting regulatory and ethical requirements for explainability.
NEW QUESTION # 25
Which of the following is a subcategory of Al and machine learning that uses labeled datasets to train algorithms?
- A. Expert systems.
- B. Supervised learning.
- C. Generative Al.
- D. Segmentation.
Answer: B
Explanation:
Supervised learning is a subcategory of AI and machine learning where labeled datasets are used to train algorithms. This process involves feeding the algorithm a dataset where the input-output pairs are known, allowing the algorithm to learn and make predictions or decisions based on new, unseen data. Reference: AIGP BODY OF KNOWLEDGE, which describes supervised learning as a model trained on labeled data (e.g., text recognition, detecting spam in emails).
NEW QUESTION # 26
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