CAIC CAIC AI Governance & Compliance 1

Question 1

Which US federal framework provides guidelines for managing AI risks in organizations?

Accepted Answer

NIST AI Risk Management Framework (AI RMF)

Answer

The NIST AI RMF provides voluntary guidance to help organizations identify, assess, and manage AI risks across the AI system lifecycle.

Question 2

What is 'algorithmic accountability' in AI governance?

Accepted Answer

The obligation to explain, audit, and take responsibility for automated decision outcomes

Answer

Algorithmic accountability requires organizations to be able to explain how automated decisions are made and to take responsibility when those decisions cause harm.

Question 3

Under the EU AI Act, which category describes AI systems used in critical infrastructure that pose significant risk?

Accepted Answer

High risk

Answer

The EU AI Act classifies AI used in critical infrastructure, employment, education, and essential services as 'high risk,' subject to strict conformity requirements.

Question 4

What is the purpose of an AI model card in responsible AI deployment?

Accepted Answer

To document a model's intended use, performance metrics, limitations, and ethical considerations

Answer

Model cards are structured documents that disclose key information about an AI model, including its training data, evaluation results, intended use cases, and known limitations.

Question 5

Which principle of responsible AI ensures that AI system decisions can be understood and traced by humans?

Accepted Answer

Explainability

Answer

Explainability (also called interpretability) ensures that AI decisions and the reasoning behind them can be understood by developers, auditors, and affected individuals.

(CAIC) Certified AI Consultant Practice Test

(CAIC) Certified AI Consultant Practice Test

CAIC CAIC AI Governance & Compliance 1