Form 04-862 - Calendar Year Answer Sheet Only For New Members In Charge And Bingo And Pull-Tab Gaming Managers - 2013 Page 2

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Department of Revenue
2013 Permittee Test
1. Before a permit is issued, an applicant is required to do all of the following, except:
[References: AS 05.15.030; AS 05.15.112(a); 15 AAC 160.820(a)]
a. Open a separate checking account to be used only for gaming receipts and expenses.
b. Notify the city or borough nearest to the location of the proposed activity of the application.
c. Appoint a primary member in charge and an alternate member in charge who will take and
pass a test formulated by the Department.
d. Obtain approval of the city or borough for the proposed activity.
2. In a pull-tab game, which of the following prizes does not require a prize receipt to be filled
out by the prize winner? [Reference: AS 05.15.187(i)]
a. $25
b. $50
c. $100
d. $250
3. When a permittee places a pull-tab game with a registered vendor, what is the minimum
percentage that must be paid to the permittee? [Reference: AS 05.15.188(h)]
a. 30% of gross receipts.
b. 70% of adjusted gross income.
c. 70% of ideal net.
d. There is no established minimum.
4. For raffle or lottery tickets and stubs, which of the following is false?
[References: 15 AAC 160.640(a); AS 05.15.188(a)]
a. They must be consecutively numbered.
b. They must be imprinted with the permit number.
c. They must be imprinted with the operator license number, if an operator is used.
d. They must be imprinted with the vendor registration number, if a vendor is used.
5. Which of the following is not a valid reason for removing a pull-tab game from play?
[Reference: 15 AAC 160.490]
a. Pull-tabs are lost, stolen, or damaged as a result of natural disaster, including fire or flood.
b. The prize payout is determined to be higher than the permittee deems acceptable, and the
game is immediately replaced with a similar game that has a lower prize structure.
c. A permittee discontinues conducting all pull-tab activities; all pull-tabs open for play still in the
possession of the permittee are withdrawn and returned to the Department immediately for
destruction.
d. The permit under which the pull-tab series is being sold is suspended, revoked or not
renewed by the permittee, or renewal is denied by the Department; all pull-tabs open for play
still in the possession of the permittee shall be withdrawn pending instructions from the
Department.
6. The following statements about authorized expenses are true, except:
[References: 15 AAC 160.820; 15 AAC 160.830; 15 AAC 160.995]
a. All expenses must be paid by check drawn on a bank account used only for gaming receipts
and disbursements.
b. Expenses may be paid with cash or a check drawn to cash.
c. Gaming expenses must be ordinary, necessary and reasonable.
d. Equipment and maintenance of equipment purchased and used in conducting a gaming
activity are authorized expenses.
Page 2 of 13
Form 04-862 (Rev 07/12)

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