This is all good. Anything in the millivolts should count as a logic 0. Anything above 2.5 to three volts in TTL logic should count as a logic 1. So you're already on the right track.
If you look at the schematic Dr_DX posted (thanks Dr!), you'll find that the inputs on the EPROM are pins 21, 1, 2, 3, 19, 18, and 20. I think that's in order from least significant to most significant bit. But I've been wrong before.
The outputs to the programmable divider are pins 11, 10, 9, 8, 7, 6, 5, and 4. Again, going least significant to most significant bit.
Right now you're not concerned with a truth table of what the values for each channel should be, you just want to know if at some point does the value on a given input change and if so, is there a change on the value of any output pins.
You can build a truth table if you want to, BTW. Just record the logic level, 1 or 0, at each input and output pin for each channel. Or the voltage if you're not sure.
Oh, and check that the -8 volts is present on pins 24, 14, and 17. I have a CP400 that was supposed to have a dead EPROM, it was the -8 volts that was missing. Fixed that and it works fine now.