PTCE Pharmacy Technician

Category - Inventory

Which of the following terms best describes the complete list of products the pharmacy has in stock?
  1. Inventory
  2. Formulary
  3. Average wholesale price
  4. Vendor
Explanation
Answer: A - An inventory is a list of all available products that the pharmacy has in stock. A formulary is the list of medications covered by a particular hospital or insurance company. The average wholesale price is the cost of acquiring a drug from a wholesaler. A vendor is someone outside the company that sells a product to you.
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