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?
- A system that continuously tracks stock in real time as items are received and dispensed.
- What is a par level in pharmacy inventory?
- The target stock quantity a pharmacy wants to keep on hand for an item.
- What is a reorder point?
- The stock quantity at which a new order must be placed to avoid running out.
- What does the stock rotation method FIFO stand for?
- First In, First Out
- What is the purpose of FIFO stock rotation?
- 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?
- First Expired, First Out
- When is FEFO used instead of FIFO?
- 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?
- 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?
- To securely store medications at the point of care and automatically track each removal.
- What is inventory quarantine?
- Physically separating expired, damaged, or recalled stock from usable inventory.
- How often must a pharmacy take a physical inventory of all controlled substances?
- At least every 2 years (biennial inventory).
- How must Schedule II controlled substances be counted during a physical inventory?
- An exact physical count of every unit.
- How may Schedule III, IV, and V controlled substances be counted during a physical inventory?
- 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?
- DEA Form 222
- What electronic system can be used instead of paper DEA Form 222 to order controlled substances?
- CSOS (Controlled Substance Ordering System)