PECB ISO-IEC-42001-Lead-Auditor Exam - Topic 1 Question 15 Discussion

Actual exam question for PECB's ISO-IEC-42001-Lead-Auditor exam

Question #: 15
Topic #: 1

[All ISO-IEC-42001-Lead-Auditor Questions]

A financial institution uses an AI system to approve loan applications. Recently, there have been complaints that the system disproportionately denies loans to applicants from certain minority groups. Which core element should the institution prioritize to address these complaints?

AFairness and Non-Discrimination

BTransparency and Explainability

CAccountability

DPrivacy and Security

Show Suggested Answer

Suggested Answer: A

The most relevant core principle here is Fairness and Non-Discrimination. This principle aims to ensure that AI systems do not create or perpetuate bias, especially in high-stakes decision-making areas such as financial services.

According to ISO/IEC 42001:2023 -- Clause 6.1.2 and Annex A (A.8.2.4), organizations must evaluate and manage risks related to bias, discrimination, and ethical implications of AI decisions.

In the PECB Lead Auditor Guide, Fairness is cited as critical in sectors like finance, hiring, healthcare, and where decisions may adversely impact protected groups.

PECB Lead Auditor Guide -- Domain 1: ''Core Principles of Trustworthy AI''

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by Stephaine at May 17, 2026, 09:11 AM

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Ben

16 days ago

I think fairness and non-discrimination is the most important here. We studied a case where bias in AI led to similar issues.

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