Form 04-862 - Calendar Year Answer Sheet Only For New Members In Charge And Bingo And Pull-Tab Gaming Managers - 2013 Page 7
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14Department of Revenue
2013 Permittee Test
31. Each permit issued for the conduct of pull-tab activity shall be displayed conspicuously:
[Reference: 15 AAC 160.110(b)]
a. In the principal business office of the permittee.
b. At the place where the activity is conducted.
c. In the office of the operator, if an operator is used.
d. At the place of business of the distributor from whom pull-tabs are purchased.
32. Regarding raffles, special draw raffles and raffle variations, which of the following statements is true?
[Reference 15 AAC 160.650; 15 AAC 160.652; 15 AAC 160.656]
a. If a permittee changes a prize in a raffle after selling fifty raffle tickets, the permittee can
continue to sell tickets and hold the raffle only if it notifies each ticket holder of the change
before the raffle is held.
b. A rubber ducky raffle is the only special draw raffle that may be conducted without prior
approval of the Department.
c. A permittee must award a prize in a progressive raffle by the end of the calendar year
following the calendar year in which the first ticket for the raffle was held.
d. Both "a" and "b", above.
33. Concerning the operation of pull-tab games, which of the following statements is false?
[References: AS 05.15.187; AS 05.15.181]
a. A pull-tab game may be sold at only one location on the same day.
b. Pull-tab games may be mixed if 10% or less of a series remains unsold and the new game
has the same price and prize structure.
c. Pull-tab games which confer a right to participate in a drawing for additional prizes may not
be conducted unless a surety bond in the amount of $250,000 is posted.
d. A permittee may buy pull-tabs directly from the manufacturer that does not have a pull-tab
distributors license, if permission is first obtained from the Department.
34. All the following statements regarding a multiple-beneficiary permittee are true except:
[References: AS 05.15.145; AS 05.15.080; AS 05.15.180(g); 15 AAC 160.310]
a. Up to ten municipalities or qualified organizations may jointly apply for a multiple-beneficiary
permit.
b. The holders of a multiple-beneficiary permit may award a maximum in prizes each year of
$2,000,000 times the number of holders of the permit for activities other than bingo that are
authorized under this chapter.
c. The holders of the multiple-beneficiary permit shall jointly file reports with the Department that
comply with the reporting requirements imposed on operators and each organization shall file
the quarterly and annual reports required under AS 05.15.080.
d. A multiple-beneficiary permittee is required to have financial statements prepared by a CPA that
present financial position, results of operations and cash flows of the gaming operations, and
notes to the financial statements in accordance with generally accepted accounting principles.
35. Which of the following is not an authorized expense? [Reference: 15 AAC 160.995(3)]
a. Snack bar expenses at the gaming site.
b. Equipment purchased for use in games.
c. Advertising for games.
d. Utility costs for gaming activity.
Page 7 of 13
Form 04-862 (Rev 07/12)
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