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| Section | Objectives |
|---|---|
| Topic 1: AI Laws, Regulations, and Standards | - Global AI Frameworks
|
| Topic 2: AI Governance Management | - Life Cycle Management
|
| Topic 3: AI Risk Management | - Operationalizing Risk Management
|
| Topic 4: Foundations of AI Governance | - AI Governance Fundamentals
|
| Topic 5: AI Governance Implementation | - Data Governance for AI
|
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NEW QUESTION # 71
CASE STUDY
Please use the following to answer the next question:
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.
Which other stakeholder groups should be involved in the selection and implementation of the AI hiring tool?
Answer: D
Explanation:
Finance and Legal teams are critical stakeholders in selecting and implementing AI hiring tools to ensure budget compliance and adherence to legal and regulatory requirements.
NEW QUESTION # 72
Which of the following is NOT a common type of machine learning?
Answer: D
Explanation:
Cognitive learning is not a recognized common type of machine learning, unlike deep learning, unsupervised learning, and reinforcement learning.
NEW QUESTION # 73
Random forest algorithms are in what type of machine learning model?
Answer: C
Explanation:
Random forest algorithms are classified as discriminative models. Discriminative models are used to classify data by learning the boundaries between classes, which is the core functionality of random forest algorithms. They are used for classification and regression tasks by aggregating the results of multiple decision trees to make accurate predictions.
NEW QUESTION # 74
Scenario:
An organization wants to leverage its existing compliance structures to identify AI-specific risks as part of an ongoing data governance audit.
Which of the following compliance-related controls within an organization is most easily adapted to identify AI risks?
Answer: C
Explanation:
The correct answer is D - Privacy impact assessments (PIAs). These are directly adaptable for identifying risks in AI systems, particularly around data usage, bias, and individual impacts.
From the AIGP ILT Guide - Risk Management Module:
"PIAs and DPIAs are existing tools used in privacy compliance that can be extended to evaluate the risks of AI, including fairness, explainability, and legality." AI Governance in Practice Report 2024 further explains:
"Organizations can adapt privacy impact assessments to evaluate the ethical, legal, and technical risks posed by AI systems. They provide a structured and recognized method." PIAs are preferable over general security practices (like pen testing) which do not address algorithmic bias or legal compliance directly.
NEW QUESTION # 75
A US-based mortgage lender has purchased a chatbot. They plan to have the chatbot collect information from consumers who are interested in loans and offer the consumers 2-3 different options based on its current pricing and product offerings, which change frequently. This chatbot was initially developed and previously deployed by a Russian airline for booking flights.
The best option for the part of the process that generates the loan offers is?
Answer: B
NEW QUESTION # 76
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