Question

question 1 (2.5 points)
to maintain perpetual control, the pharmacy must updated inventory records:
whenever inventory is purchased or sold
whenever sales figures are updated
to identify low turnover
to generate orders

question 2 (2.5 points)
records of controlled substances must be kept for at least
6 months
12 months
18 months
24 months

Explanation:

Analyze perpetual inventory control

Using the Perpetual Inventory System knowledge point

A perpetual inventory system maintains a continuous, real-time record of inventory levels. To achieve this, the system must update inventory records immediately whenever stock is added (purchased) or removed (sold).

Analyze controlled substance record retention

Using the Controlled Substances Act knowledge point

Under federal law (specifically the Controlled Substances Act administered by the DEA), all records related to controlled substances must be maintained and readily retrievable for a minimum of 2 years (which is equal to 24 months).

Answer:

Question 1

• whenever inventory is purchased or sold (Correct answer)
• whenever sales figures are updated
• to identify low turnover
• to generate orders

Question 2

• 6 months
• 12 months
• 18 months
• 24 months (Correct answer)