Which statement best summarises the purpose of factsheets and evidence records in AI governance?
Select an answer to reveal the explanation.
Short Explanation
You use factsheets and evidence records to trace a model's purpose, data, evaluations, and decisions across its life, not to market it or file it once.
Full Explanation
The statement that documents a model's purpose, data, evaluations, and decisions so its behaviour and history can be traced and audited over its lifecycle is right. Capturing purpose, data, evaluations, and decisions gives the organisation a durable, auditable record of the model's behaviour and history. The marketing-document statement is incorrect because factsheets are governance artefacts, not promotional material. The one-time legal filing statement is incorrect because they are maintained continuously, not filed once and forgotten. The replace-evaluation-testing statement is incorrect because documentation records the evaluations performed; it does not substitute for actually performing them. For the exam, define factsheets and evidence records by what they document, purpose, data, evaluations, and decisions, across the full lifecycle.