Form 04-862 - Calendar Year Answer Sheet Only For New Members In Charge And Bingo And Pull-Tab Gaming Managers - 2013 Page 11

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Department of Revenue
2013 Permittee Test
50. Which of the following questions about managers or members in charge and alternate members
in charge is false? [Reference AS 05.15.112; 15 AAC 160.365; 15 AAC 160.970]
a. If a member in charge or alternate member in charge is not actively carrying out the
responsibilities of a member in charge, the permit is suspended until the Department
receives an amended application identifying a member in charge and the new member in
charge has passed the test required by AS 05.15.112(a).
b. A multiple-beneficiary permittee, and a permittee that engages in pull-tab sales or bingo
under a self-directed permit, must designate the person who is its manager of gaming and
must notify the Department within 10 days of a designation of a new manager of gaming.
c. A multiple beneficiary permittee's or permittee's designation of a person as its manager of
gaming prevents the Department from finding a different person to be the actual manager of
gaming for the permittee.
d. If a permittee's member in charge or sole alternate member in charge resigns or is no
longer able to serve as member in charge or alternate member in charge, the permittee has
six months to replace the member in charge or alternate member in charge with a person
who meets the requirements of this section and to notify the Department of the replacement.
The following questions (51-60) are based on the results of gaming activities as shown in the
accompanying annual financial statement. Use this information to answer the questions and mark
the correct answers on the answer sheet.
51. The annual financial statement must be accompanied by which of the following?
a. A copy of the prior-year's December 31 bank statement.
b. A copy of the current-year's December 31 bank statement.
c. Reconciliations of the bank statements to the gaming account records.
d. All of the above.
For Schedule C:
52. The bingo rent expense is:
a. $1,600
b. $2,400
c. $2,950
d. $3,000
53. The pull-tab purchase expense is:
a. $1,700
b. $2,150
c. $2,250
d. $4,015
54. Total expenses for both activities are:
a. $23,545
b. $27,650
c. $33,055
d. $56,000
Page 11 of 13
Form 04-862 (Rev 07/12)

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