AAIA Practice Test

AAIA Practice Test practice questions, page 11 of 23, with answer review and explanations.

Question 51

A financial services company is developing AI models to predict customer credit risk. To reduce privacy concerns, the company decides to train the models primarily using synthetic data. Which of the following is an IS auditor's BEST recommendation to evaluate synthetic data risk?

  1. Discontinue the use of synthetic data for model training.
  2. Conduct cluster analysis using synthetic data.
  3. Require validation of synthetic data quality.
  4. Perform regression testing using synthetic data.

Question 52

It was determined that an AI system used for medical diagnoses shows decreased accuracy for minority populations. Which of the following is the BEST way to address this issue?

  1. Retrain the model with more representative data.
  2. Transition to exclusively using synthetic data generation.
  3. Optimize model hyperparameters for better performance.
  4. Apply anonymization techniques to the training data.

Question 53

An IS auditor has identified that the configuration of a proprietary AI model has been leaked. Which of the following is the MOST significant risk?

  1. Attackers can disable security systems by analyzing the model’s source code.
  2. Attackers can use the data to degrade the model's performance.
  3. Attackers can train their own improved model for legitimate use.
  4. Attackers can exploit vulnerabilities in the model.

Question 54

An AI generated photo showing a catastrophe circulated on social media, impacting the supply chain. This is an example of which type of risk?

  1. Compliance risk
  2. Societal risk
  3. Economic risk
  4. Data privacy risk

Question 55

Which of the following processes is MOST important for an organization to have in place to ensure the credibility of AI outputs?

  1. User consent
  2. Model alignment
  3. Data governance
  4. Data analytics