AAIR Exam Prep

Free AAIR exam practice questions with answers and explanations, organized by domain and part.

Domain 3: AI Operations/Resilience / Part D - AI Risk Metrics, Monitoring, and Reporting

Q221 Automated AI risk reporting, compared to manual reporting, is MOST valuable because it:

Answer: C

Automated reporting improves timeliness and consistency of risk visibility, supporting faster escalation; it still requires human review and predefined KRIs, and is not a universal legal mandate.

Domain 3: AI Operations/Resilience / Part E - AI Supply Chain Risk Management

Q222 Regarding AI vendor security assessment, the BEST practice is to:

Answer: C

Vendor security assessment should be substantive and periodically refreshed, not based solely on self-certification or onboarding-only.

Domain 3: AI Operations/Resilience / Part B - AI Risk Treatment Strategies

Q223 The four standard risk treatment options applicable to AI risk are:

Answer: A

These are the standard enterprise risk treatment categories, applicable to AI risk as well.

Domain 3: AI Operations/Resilience / Part F - AI Incident Response, BIA, Business Continuity, and Disaster Recovery

Q224 Regarding post-incident lessons-learned integration, the BEST practice is to:

Answer: A

Lessons learned should formally update assessments, controls, and training, not stay informal or undocumented without action.

Domain 3: AI Operations/Resilience / Part C - AI Controls Management

Q225 A control requiring human review before an AI-generated loan decision takes effect is an example of:

Answer: B

Reviewing/approving before the decision takes effect prevents harm before it occurs, making it preventive.

Domain 2: AI Lifecycle / Part C - AI Implementation, Maintenance, and Decommissioning

Q226 Version control for AI models in production is PRIMARILY important because it:

Answer: D

Model version control provides traceability of decisions to specific model versions and underpins the ability to revert reliably, complementing rather than replacing rollback planning.

Domain 3: AI Operations/Resilience / Part A - AI Risk Scenario Identification and Assessment

Q227 When assessing likelihood and impact of an AI risk scenario, the enterprise should PRIMARILY use:

Answer: B

Consistent methodology ensures comparability of risk assessments across the enterprise.

Domain 2: AI Lifecycle / Part A - AI Design, Development/Procurement, and Documentation

Q228 Regarding data lineage documentation during development, the BEST practice is to:

Answer: D

Full data lineage documentation supports traceability and risk management regardless of data source or incident history.

Domain 1: AI Governance / Part A - AI Models, Frameworks, Strategies, and Use Cases

Q229 A generative AI use case that produces customer-facing content introduces risk MOST related to:

Answer: B

Customer-facing generative outputs carry accuracy/bias/reputational exposure, not facilities concerns.

Domain 3: AI Operations/Resilience / Part B - AI Risk Treatment Strategies

Q230 When selecting a risk treatment option, cost-effectiveness should be evaluated by comparing:

Answer: B

Cost-effectiveness weighs treatment cost against the actual risk reduction achieved.

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