ACC 406 EXAM 1 QUESTIONS & ANSWERS
2025/26 VERIFIED 100% CORRECT.
1 of
211
Term
Who does the CPA MICS Compliance Checklist - Internal Audit?
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Internal audit - Employee review Compliance audit - Regulatory
and Management Approval agency and Local Government
Financial audit - Independent External audit - CPA firm and
auditor and Shareholder Committee GCB Board
, Don't know?
2 of 211
Term
IS the employee report confidential?
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True Yes
False Three
Don't know?
3 of 211
Term
What checklist does the IACC used with?
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In conjunction with the Financial In conjunction with the HR
Reporting Checklists Compliance Checklists
In conjunction with the IRS Tax In conjunction with the CPA
Compliance Checklists MICS Compliance Checklists
, Don't know?
4 of 211
Term
Manual forms of fill and credit slips must be?
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Patrons name, current address and, signature
Type of ID credential, credential number, expiration date of credential, and date
credential was examined.
Safeguarded with adequate procedures for distribution, use and control
Cage or pit personnel cannot have access to the locked box copies
Game or machine payoff schedule, including those associated with contests,
tournaments, or promotions that increase automatically over time or as the
game or machine is played.
Show it to another member or to surveillance to verify that its empty.
Don't know?
, 5 of 211
Term
What is the required surveillance for race books, sports, and pari-
mutuel books?
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Must possess the capability to monitor and record all areas where money
may be stored or counted in the soft count and hard count rooms.
Coverage of
scales. Table games drop box storage rack or area must be monitored by either
a dedicate camera or a motion-detector activated camera. The counting
surface area must be continuously monitored by a dedicated camera.
Must possess the capability to monitor and record general activities in
each race book, sports pool, and pari-mutuel ticket writer and cashier area
to identify employees.
Camera must posses the capability to monitor and record each card game area,
with sufficient coverage to view patrons, dealers, and activities on the card
table surfaces.
Must be monitored by a dedicated camera or motion-activated dedicated
camera that provides coverage of the chip values and fill and credit slips if its
manual.
Don't know?
6 of 211
Term
2025/26 VERIFIED 100% CORRECT.
1 of
211
Term
Who does the CPA MICS Compliance Checklist - Internal Audit?
Give this one a try later!
Internal audit - Employee review Compliance audit - Regulatory
and Management Approval agency and Local Government
Financial audit - Independent External audit - CPA firm and
auditor and Shareholder Committee GCB Board
, Don't know?
2 of 211
Term
IS the employee report confidential?
Give this one a try later!
True Yes
False Three
Don't know?
3 of 211
Term
What checklist does the IACC used with?
Give this one a try later!
In conjunction with the Financial In conjunction with the HR
Reporting Checklists Compliance Checklists
In conjunction with the IRS Tax In conjunction with the CPA
Compliance Checklists MICS Compliance Checklists
, Don't know?
4 of 211
Term
Manual forms of fill and credit slips must be?
Give this one a try later!
Patrons name, current address and, signature
Type of ID credential, credential number, expiration date of credential, and date
credential was examined.
Safeguarded with adequate procedures for distribution, use and control
Cage or pit personnel cannot have access to the locked box copies
Game or machine payoff schedule, including those associated with contests,
tournaments, or promotions that increase automatically over time or as the
game or machine is played.
Show it to another member or to surveillance to verify that its empty.
Don't know?
, 5 of 211
Term
What is the required surveillance for race books, sports, and pari-
mutuel books?
Give this one a try later!
Must possess the capability to monitor and record all areas where money
may be stored or counted in the soft count and hard count rooms.
Coverage of
scales. Table games drop box storage rack or area must be monitored by either
a dedicate camera or a motion-detector activated camera. The counting
surface area must be continuously monitored by a dedicated camera.
Must possess the capability to monitor and record general activities in
each race book, sports pool, and pari-mutuel ticket writer and cashier area
to identify employees.
Camera must posses the capability to monitor and record each card game area,
with sufficient coverage to view patrons, dealers, and activities on the card
table surfaces.
Must be monitored by a dedicated camera or motion-activated dedicated
camera that provides coverage of the chip values and fill and credit slips if its
manual.
Don't know?
6 of 211
Term
