Exam ISO-IEC-42001-Lead-Auditor Topic 3 Question 191 Discussion

Actual exam question for PECB's ISO-IEC-42001-Lead-Auditor exam
Question #: 191
Topic #: 3
A financial institution needs to develop a system that can understand and process large volumes of unstructured text data from financial reports to extract key information and insights. Which AI concept would be best suited for this task?

Suggested Answer: A Vote an answer

The correct AI concept for processingtext dataisNatural Language Processing (NLP).
NLP is a field of AI concerned with theinteraction between computers and human (natural) languages. It is used to analyze, extract, and interpretunstructured text, making it highly suitable for financial document analysis.
ISO/IEC 42001:2023 - Clause 8.2.3encourages the selection of appropriate techniques for operational purposes, andNLP is the most relevantfor text-heavy tasks.

by Bing at Jul 16, 2026, 11:50 PM

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