Multiple Choice Flashcards on 04 Certified Responsible AI Governance and Ethi...

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Flashcard Practice Certified Responsible AI Governance and Ethics - CRAGE Multiple Choice

A lender's AI model denies credit applications, but customer notices provide vague reasons such as "model score too low." Complaints show applicants cannot understand or challenge the decisions. What should the lender prioritize?

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Publish technical model documentation to applicants instead of decision-specific reasons Raise the approval threshold so fewer borderline applicants trigger explanation duties Provide meaningful reasons, fair lending impact testing, decision evidence, and review paths Remove notices from the workflow and let applicants call support for individual details

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