Online Access Free AAIA Exam Questions

Which of the following is the GREATEST risk when training data is not separated into distinct training and testing sets?

• A.Model drift
• B.Hallucinations
• C.Underfitting
• D.Overfitting

Which of the following is the MOST important purpose of conducting a risk assessment for AI models within an organization?

• A.Defining mitigation strategies for AI deployment
• B.Determining whether AI model outputs align with established use cases
• C.Monitoring AI model performance on an ongoing basis
• D.Categorizing data used by the AI model

When converting data categories before training an AI model, which of the following scenarios represents the GREATEST risk?

• A.One-hot encoding the data attribute car colors for the options red, blue, green, black, white
• B.Creating dummy variables for the data attribute product flavor for the options vanilla, chocolate,strawberry, banana
• C.Creating dummy variables for the data attribute dog breed for the options labrador, terrier, beagle
• D.One-hot encoding the data attribute customer rewards category for the options economy, business, first class

An IS auditor examining change management procedures for an AI system observes inconsistent training data validation and verification protocols prior to model retraining. Which of the following is the MOST significant risk in this context?

• A.Addition of AI model complexity due to inconsistent data inputs
• B.Noncompliance due to inadequate model training documentation
• C.Delays in AI model retraining due to procedural inefficiencies
• D.Degradation of system reliability due to compromised or substandard data

During an audit of an investment organization's AI-powered software, an IS auditor identifies a potential security risk. What is the GREATEST risk associated with staff exfiltrating organizational data to a generative AI tool?

• A.Potential business disruptions
• B.Excessive reliance on AI-generated insights
• C.Unauthorized data disclosure
• D.Data contamination due to biased AI model outputs