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| Section | Objectives |
|---|---|
| AI Risk Management and Impact Assessment | - Risk identification and mitigation
|
| Regulatory and Legal Frameworks for AI | - Global AI governance regulations
|
| AI Lifecycle Governance Implementation | - Operational governance controls
|
| Foundations of AI Systems and Governance | - Governance principles and accountability
|
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NEW QUESTION # 27
A company developing and deploying its own AI model would perform all of the following steps to monitor and evaluate the model's performance EXCEPT?
Answer: C
Explanation:
While transparency is encouraged,publicly disclosing forecasts of secondary harmsisnot a required or standard practicefor internal performance evaluation. Risk assessments and reporting typically remain internal or shared with regulators.
From theAI Governance in Practice Report 2024:
"Organizations must assess secondary risks... but disclosure is subject to context, regulatory requirements, and risk management discretion." (p. 30)
NEW QUESTION # 28
Which of the following disclosures is NOT required for an EU organization that developed and deployed a high-risk AI system?
Answer: C
Explanation:
While transparency about AI use, human oversight, and contesting decisions are required disclosures for high-risk AI systems under the EU AI Act, the specific locations where data is stored are not mandated disclosures.
NEW QUESTION # 29
A company is creating a mobile app to enable individuals to upload images and videos, and analyze this data using ML to provide lifestyle improvement recommendations. The signup form has the following data fields:
1.First name
2.Last name
3.Mobile number
4.Email ID
5.New password
6.Date of birth
7.Gender
In addition, the app obtains a device's IP address and location information while in use.
What GDPR privacy principles does this violate?
Answer: A
Explanation:
The GDPR privacy principles that this scenario violates are Purpose Limitation and Data Minimization.
Purpose Limitation requires that personal data be collected for specified, explicit, and legitimate purposes and not further processed in a manner that is incompatible with those purposes. Data Minimization mandates that personal data collected should be adequate, relevant, and limited to what is necessary in relation to the purposes for which they are processed. In this case, collecting extensive personal information (e.g., IP address, location, gender) and potentially using it beyond the necessary scope for the app's functionality could violate these principles by collecting more data than needed and possibly using it for purposes not originally intended.
NEW QUESTION # 30
A company launched an AI model last year. One year later, the company was acquired and the entire team that developed, deployed and oversaw the model left. How can the company best maintain the model from a governance perspective going forward?
Answer: C
Explanation:
Maintaining comprehensive documentation of the AI lifecycle is essential for governance continuity, enabling new teams to understand, manage, and update the model responsibly.
NEW QUESTION # 31
CASE STUDY
Please use the following to answer the next question:
XYZ Corp., a premier payroll services company that employs thousands of people globally, is embarking on a new hiring campaign and wants to implement policies and procedures to identify and retain the best talent. The new talent will help the company's product team expand its payroll offerings to companies in the healthcare and transportation sectors, including in Asia.
It has become time consuming and expensive for HR to review all resumes, and they are concerned that human reviewers might be susceptible to bias.
To address these concerns, the company is considering using a third-party AI tool to screen resumes and assist with hiring. They have been talking to several vendors about possibly obtaining a third-party AI-enabled hiring solution, as long as it would achieve its goals and comply with all applicable laws.
The organization has a large procurement team that is responsible for the contracting of technology solutions. One of the procurement team's goals is to reduce costs, and it often prefers lower-cost solutions. Others within the company deploy technology solutions into the organization's operations in a responsible, cost-effective manner.
The organization is aware of the risks presented by AI hiring tools and wants to mitigate them. It also questions how best to organize and train its existing personnel to use the AI hiring tool responsibly. Their concerns are heightened by the fact that relevant laws vary across jurisdictions and continue to change.
The frameworks that would be most appropriate for XYZ's governance needs would be the NIST AI Risk Management Framework and:
Answer: A
Explanation:
The IEEE Ethical System Design Risk Management Framework (IEEE 7000-21) complements the NIST AI Risk Management Framework by addressing ethical considerations in AI system design, fitting XYZ Corp's governance needs for responsible AI hiring tool use.
NEW QUESTION # 32
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