ACC 406 EXAM 2 REVIEW QUESTIONS WITH
CORRECT ANSWERS 2025/2026
Amendments to Regulation 3.100, 5.055, 5.105, and 5.240 are being made to reduce the
reporting of criminal violations in club venues - CORRECT ANSWER -False
Regulation 5.110, In-house Progressive Payout Schedules testing requires the internal auditor to
scan meter readings - CORRECT ANSWER -To determine that it has increased since the prior
recording.
Appeasement payments in Race and Sports are deductible from gross revenue. - CORRECT
ANSWER -False
Effective October 1, 2015 the Entertainment tax rate is - CORRECT ANSWER -9%
Even if an admission fee is charged, Entertainment Tax does not apply to all of the following
except: - CORRECT ANSWER -Dancing
Bingo funds should be counted by at least two persons at the end of each session - CORRECT
ANSWER -True
LET is required to be paid on gratuity or service charges - CORRECT ANSWER -False
Documentation is maintained evidencing the performance of keno audit procedures and can
include all of the following except - CORRECT ANSWER -All of the above are acceptable. (Log,
Checklist, Notation on reports)
Which of the following is a game where 20 of a possible 80 balls are drawn and players wager by
selecting numbers on a ticket? - CORRECT ANSWER -Keno
CORRECT ANSWERS 2025/2026
Amendments to Regulation 3.100, 5.055, 5.105, and 5.240 are being made to reduce the
reporting of criminal violations in club venues - CORRECT ANSWER -False
Regulation 5.110, In-house Progressive Payout Schedules testing requires the internal auditor to
scan meter readings - CORRECT ANSWER -To determine that it has increased since the prior
recording.
Appeasement payments in Race and Sports are deductible from gross revenue. - CORRECT
ANSWER -False
Effective October 1, 2015 the Entertainment tax rate is - CORRECT ANSWER -9%
Even if an admission fee is charged, Entertainment Tax does not apply to all of the following
except: - CORRECT ANSWER -Dancing
Bingo funds should be counted by at least two persons at the end of each session - CORRECT
ANSWER -True
LET is required to be paid on gratuity or service charges - CORRECT ANSWER -False
Documentation is maintained evidencing the performance of keno audit procedures and can
include all of the following except - CORRECT ANSWER -All of the above are acceptable. (Log,
Checklist, Notation on reports)
Which of the following is a game where 20 of a possible 80 balls are drawn and players wager by
selecting numbers on a ticket? - CORRECT ANSWER -Keno