AAIA Practice Test

AAIA Practice Test practice questions, page 10 of 23, with answer review and explanations.

Question 46

In order to ensure effective alignment with organizational priorities, which of the following is MOST important for an IS auditor to address when developing an audit plan for an AI-based tool?

  1. Cost-benefit strategy for AI adoption
  2. AI users’ understanding of ethical standards
  3. The AI tool’s security alignment with governance policies
  4. Management practices for AI oversight

Question 47

An IS auditor is evaluating an organization’s AI-based hiring tool. The tool excludes candidates from postal codes correlating with specific demographic groups, despite not explicitly using race or ethnicity as input variables. Which of the following is the auditor’s BEST course of action?

  1. Assess proxy variables within the AI model that may correlate with sensitive attributes.
  2. Advise the company to collect explicit demographic data to directly control for bias.
  3. Recommend removing all geographic data from the AI model training to ensure fairness.
  4. Suggest deploying a different AI model that does not consider any personal data.

Question 48

An IS auditor is utilizing an AI chat tool to assist with grammar and improve the overall readability of a report they are writing. Which of the following is the MOST significant risk the auditor should consider when using this AI tool?

  1. The AI tool may alter the intended meaning of the content, leading to misinterpretation of the report.
  2. The auditor may become overly reliant on the AI tool, compromising their own writing skills.
  3. The AI tool may introduce new grammatical errors that were not present in the original text.
  4. The use of the AI tool may increase the risk of intellectual property violations.

Question 49

Which of the following is MOST important to have in place before implementing a system that utilizes AI?

  1. Training on the use of the system's AI capabilities
  2. An AI acceptable use policy
  3. Model evaluation and validation methodology
  4. A project plan for deploying the AI system

Question 50

A car insurance company uses an AI model to determine customer premiums. To ensure the ethical use of this model, which of the following testing practices should the company consider to be MOST important?

  1. Running model performance tests on randomized data to improve the model's accuracy
  2. Ensuring demographic data is not used to train models outside of the defined use case
  3. Testing to ensure the model’s predictions do not discriminate based on age or gender
  4. Deploying the model only for a small randomly selected group of existing customers