PTCE Pharmacy Technician

Category - Administrative

When considering terms used to describe costs of prescription medications, which of the following choices accurately describes the abbreviation AWP?
  1. Actual Wholesale Price
  2. Average Wholesale Price
  3. Average Warehouse Potential
  4. Actual Warehouse Price
Answer: B - The Average Wholesale Price is abbreviated with the acronym AWP. This cost reflects the average price paid for the wholesale acquisition of prescription medications. This cost does not include pharmacy dispensing fees that the pharmacy charges for filling the prescription.
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