Practice Quiz

PTCE Pharmacy Technician

Category - Inventory

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Which of the following most accurately describes perpetual inventory?
  1. A method of maintaining inventory levels in which products are ordered at periodic intervals
  2. A method of maintaining inventory levels in which products are continuously ordered as they are used
  3. A method of maintaining inventory levels in which products are ordered quarterly
  4. A method of maintaining inventory levels in which products are ordered upon request from the patient
Explanation
Answer: B - Perpetual inventory is a method of maintaining inventory levels in which products are continuously ordered, as they are used. This is to ensure that products are continuously replenished as they are used. When products are ordered at periodic intervals, the method of maintaining inventory levels is called periodic replenishment inventory.
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