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FPGEE Foreign Pharmacy

Category - Social & Administrative

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John is buying drugs for his independent pharmacy. Which of the following abbreviations would refer to the most ideal cost for him to obtain drugs at?

Explanation

Answer: B - The AAC, or Actual Acquisition Cost, would be the cost that pharmacists prefer to pay for prescription medications. The AWP, or Average Wholesale Price, refers to the average price used to determine cost of prescription drugs. Pharmacists prefer to buy medications at a cost below the AWP to maximize profits.

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FPGEE Foreign Pharmacy

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FPGEE Foreign Pharmacy

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