ENTREPRENEURIAL OPERATIONS
INVENTORY MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Formularies are revised every ____
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year
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two years
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five years
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ten years
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Explanation:
Detailed explanation-1: -There are two methods for the revision of formulary. o One method is to attach a separate sheet to the back cover of formulary books. o Which will help to reduce any confusion between present and past edition. o Only the most cost effective products are used.
Detailed explanation-2: -Formulary Development The medications and related products listed on a formulary are determined by a pharmacy and therapeutics (P&T) committee or an equivalent entity. P&T committees are comprised of primary care and specialty physicians, pharmacists and other professionals in the health care field.
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