Inventory control, DEA ordering forms, and controlled substance receiving procedures tested on the PTCB exam.
34 cards · basic cards · AI-written, checked twice. Edit anything.
- What is a perpetual inventory system?
Show answer
A system that continuously tracks stock in real time as items are received and dispensed.- What is a par level in pharmacy inventory?
Show answer
The target stock quantity a pharmacy wants to keep on hand for an item.- What is a reorder point?
Show answer
The stock quantity at which a new order must be placed to avoid running out.- What does the stock rotation method FIFO stand for?
Show answer
First In, First Out- What is the purpose of FIFO stock rotation?
Show answer
To dispense or sell the oldest stock first so it does not expire on the shelf.- What does the stock rotation method FEFO stand for?
Show answer
First Expired, First Out- When is FEFO used instead of FIFO?
Show answer
When expiration dates do not line up with the order stock was received, so the soonest-to-expire stock is used first.- What is inventory turnover rate?
Show answer
A measure of how many times inventory is sold and replaced over a given period.- What is the main purpose of an automated dispensing cabinet?
Show answer
To securely store medications at the point of care and automatically track each removal.- What is inventory quarantine?
Show answer
Physically separating expired, damaged, or recalled stock from usable inventory.- How often must a pharmacy take a physical inventory of all controlled substances?
Show answer
At least every 2 years (biennial inventory).- How must Schedule II controlled substances be counted during a physical inventory?
Show answer
An exact physical count of every unit.- How may Schedule III, IV, and V controlled substances be counted during a physical inventory?
Show answer
Estimated for sealed containers, but any container holding more than 1,000 units must be opened and counted exactly.- Which DEA form is required to order Schedule I and Schedule II controlled substances?
Show answer
DEA Form 222- What electronic system can be used instead of paper DEA Form 222 to order controlled substances?
Show answer
CSOS (Controlled Substance Ordering System)
FlashKeepers