Exam (elaborations)
PTCB Pharmacy Inventory Management QUESTIONS AND ANSWERS RATED A+ 2024/2025
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PTCB Pharmacy Inventory Management QUESTIONS AND ANSWERS RATED A+ 2024/2025
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PTCB Pharmacy Inventory ManagementAverage wholesale price (AWP) - ANSA cautioned fee assigned to every drug listed in diverse
posted pricing guides. Insurance businesses
reimburse pharmacies based totally on the ______ of the medicine disbursed
Dispensing rate - ANScharge for the services supplied by the drugstore,
inclusive of overhead charges, salaries, system price, and a specific profit margin
Expiration date - ANSlength of time in
which the medication retains most desirable potency and balance
Formulary - ANSA list of desired medicines
Inventory turnover charge - ANSmethod for measuring the overall effectiveness
of purchasing and inventory
manipulate processes, equals general annual stock purchases divided
through value of inventory handy.
Invoice - ANSA bill of sale for merchandise
ordered
Markup - ANSThe difference in fee
between the cost at which a commercial enterprise purchases a product and the price at which
they sell it
pharm selling charge - pharm purchase rate
New Drug Application (NDA) - ANSprocess through which new tablets are proposed to the Food
and Drug Administration (FDA) for approval to
marketplace and sell within the United States
Periodic automated alternative (PAR) - ANSThe most desirable quantity of every
object that ought to be stocked at any given time
Prime vendor - ANSThe wholesaler from
whom the drugstore has committed to buy most people of its stock
Purchase order (PO) - ANSA file
used to buy inventory containing information approximately the pharmacy, the vendor, and
details about every
of the products ordered
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