QUESTION IMAGE
Question
according to the controlled substances act, what is required of pharmacies regarding inventory of controlled substances?
monthly inventory of all medications, including over-the-counter drugs
biennial inventory of controlled substances, with exact counts for schedule ii and estimated counts for schedule iii-v
inventory only when new shipments are received
annual inventory of schedule ii medications only
question 6 (2 points)
which of the following systems allows inventory to be tracked as it is used?
order book system
point-of-sale system
min/max level system
perpetual inventory system
Analyze the first question on controlled substances inventory
The first question asks about the inventory requirements for controlled substances under the Controlled Substances Act (CSA). Under federal law, pharmacies must perform a complete and accurate inventory of all controlled substances at least once every two years (biennially). For this inventory, Schedule II substances require an exact physical count, whereas Schedule III, IV, and V substances can be estimated unless the container holds more than 1,000 tablets or capsules, in which case an exact count is required. Therefore, the second option is the correct requirement.
Analyze the second question on real-time inventory tracking
The second question asks which system allows inventory to be tracked continuously as it is used. A perpetual inventory system is a continuous, real-time tracking method where inventory levels are updated automatically with every sale, dispensing action, or receipt of stock. While Point-of-Sale Systems record transactions at the register, a perpetual inventory system is the overarching inventory management system designed specifically to maintain an ongoing, real-time balance of stock on hand. Thus, the fourth option is the most accurate choice.
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Question 1
- Monthly inventory of all medications, including over-the-counter drugs
- Biennial inventory of controlled substances, with exact counts for Schedule II and estimated counts for Schedule III-V (Correct answer)
- Inventory only when new shipments are received
- Annual inventory of Schedule II medications only
Question 2
- Order book system
- Point-of-sale system
- Min/max level system
- Perpetual inventory system (Correct answer)