Exam (elaborations)
PTCB Pharmacy Inventory Management QUESTIONS AND ANSWERS RATED A+ 2024/2025
- Course
- Institution
PTCB Pharmacy Inventory Management QUESTIONS AND ANSWERS RATED A+ 2024/2025
[Show more]
Content preview
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
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller LegitPage. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $11.49. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
79650 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now