Online Access Free AAIA Exam Questions

An IS auditor is auditing a financial system in which a generative AI tool is used to identify trends in batches of 4,000 rows, while the generative AI tool has a limit of 3,000 tokens. Which of the following is the GREATEST concern?

• A.The AI output will be biased toward the first 3,000 tokens.
• B.The AI will reject the data set and not analyze the data.
• C.The AI will prioritize high-value entries.
• D.The AI will process only a portion of the data set.

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.One-hot encoding the data attribute customer rewards category for the options economy, business, first class
• D.Creating dummy variables for the data attribute dog breed for the options labrador, terrier, beagle

Which of the following is the GREATEST challenge facing IS auditors evaluating the explainability of generative AI models?

• A.Difficulties in preventing the input of biased data
• B.Algorithms changing as AI continues to learn
• C.Differences of opinion regarding model types
• D.Performance issues due to excessive computation

Which of the following is the MOST important risk for an IS auditor to consider when reviewing the adoption of an AI system?

• A.Immaturity of AI systems in the industry
• B.Resistance to the use of AI technology
• C.Bias in AI system decision making
• D.Costs associated with AI system maintenance

While evaluating a complex machine learning (ML) model used for regulatory compliance in a financial institution, which of the following should the IS auditor do to BEST ensure transparency?

• A.Create dashboards to show outputs.
• B.Provide periodic model audit reports.
• C.Document sources and data processes.
• D.Use tools that explain model decisions.