Online Access Free AAIR Exam Questions

A risk practitioner reviews an AI model that ingests diverse external feeds and determines that their reliability is not consistent. Which of the following BEST mitigates this risk?

• A.Weighting historical records over recent samples to limit induced variance
• B.Reducing the diversity of the external feeds and the number of classes
• C.Updating to the latest model version to accurately reflect real-world data changes
• D.Establishing data provenance and implementing stage gate quality reviews

A credit-scoring AI solution exhibits steadily declining accuracy despite unchanged input distributions.
Which of the following should a risk practitioner consider to be the GREATEST risk?

• A.Technical delays affecting credit score updates
• B.Increased model retraining costs
• C.Concept drift leading to faulty decisions
• D.Underfitting resulting from shortened training cycles

An organization plans to procure an AI model from a third-party supplier for a critical business function.
Which of the following is MOST important to evaluate during supplier vetting?

• A.Emphasis on innovative solutions
• B.Industry-recognized certifications
• C.Alignment with specific use cases
• D.Size of model training datasets

Which of the following is the MOST important consideration when determining mitigation controls for an AI system?

• A.Evaluating control effectiveness and costs against potential business losses from unmitigated AI risk
• B.Providing comprehensive AI risk awareness training to security and technical personnel
• C.Prioritizing controls based on the complexity and computational requirements of the AI system
• D.Determining control performance baselines and reporting requirements for regulatory compliance

Which of the following is the PRIMARY purpose of maintaining comprehensive model cards and documentation?

• A.Justifying model use cases
• B.Providing model transparency
• C.Listing technical specifications
• D.Preserving audit trails