Artificial Intelligence Governance Professional AIGP · Free Practice Question Medium

Question 26

A national bank is preparing to launch an AI-powered credit scoring system. Regulatory authorities require evidence that the model is fair and reliable before deployment. Which AI assurance mechanism would BEST address these requirements?
  • A Outsourcing the model's operation to a third party
  • B Performing only internal code reviews
  • C Increasing the model's training data size without evaluation
  • D Conducting an independent AI audit to assess bias and reliability
Reveal correct answer

Correct answer: D

Explanation

An independent AI audit is the most robust method to verify compliance, fairness, and reliability prior to launch.

A. Outsourcing does not guarantee compliance or address regulatory concerns for fairness and reliability.

B. Internal reviews may lack objectivity and do not comprehensively cover AI fairness and reliability.

C. More data may improve accuracy, but doesn't demonstrate reliability or fairness without systematic assessment.

D. Independent audits systematically evaluate AI systems for compliance, fairness, and reliability, directly meeting regulatory assurance needs.

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