ISACA Advanced in AI Audit - AAIA Exam Practice Test

Which of the following correctly summarizes the conclusions of the model card excerpt provided?
Model Card - Electrical Grid Predictive Maintenance Model
Model Information:
Description: AI model designed to predict maintenance needs for
electrical grid components, reduce unplanned downtime, and improve grid reliability.
Inputs: Real-time sensor data, historical maintenance records, and
operational logs.
Outputs: Maintenance needs predictions for 60 & 90 days.
Evaluation:
Approach: Cross-validation and validation of accuracy, precision, and
recall.
Results: Accuracy 72%; Precision 60%; Recall 95%; F1 76%

The PRIMARY purpose of utilizing neural networks in AI is to:

Which of the following BEST describes the purpose of a "model validation" function that is independent from the model development team?

An IS auditor learns that an organization uses AI facial recognition technology for security purposes. Which of the following is the GREATEST ethical concern with this practice?

An IS auditor notes that an AI modelachieved significantly better results on training data than on test data. After the development, a quality assurance (QA) team checks that all input variables and parameters match the technical design. Which of the following BEST describes this activity?

Which of the following is the PRIMARY purpose of an AI acceptable use policy?

Which of the following BEST describes "human-in-the-loop" as an AI control?

Which of the following AI solutions is BEST used to generate standardized reports using unstructured customer feedback?

A bank's fraud detection model achieves high accuracy on its initial dataset but performs poorly in production. The data science team needs to tune hyperparameters and select the best model architecture. Which dataset is BEST to use for this selection process?

Which metric would be MOST useful for evaluating whether a binary classification model favors precision over recall, or vice versa?

An IS auditor is planning an audit of an AI medical prognosis system. Which of the following is the BEST way to test model transparency?