ENTREPRENEURIAL OPERATIONS
INVENTORY MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Perpetual inventory systems allow the pharmacist to review drug use ____, allowing better monitoring of all information.
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monthly
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daily
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weekly
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yearly
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Explanation:
Detailed explanation-1: -Perpetual inventory management gives pharmacies improved visibility into their inventory investment levels and allows for sound purchasing decisions. Inventory levels are always accurate and the inventory turnover ratio is calculated accurately. This accuracy allows management to properly assess inventory efficiency.
Detailed explanation-2: -A perpetual inventory is the maintenance of an accurate count of all schedule II controlled substances in a pharmacy or institutional pharmacy.
Detailed explanation-3: -What is true about the perpetual inventory system? It allows the pharmacist to review drug use monthly, allowing better monitoring of all information.
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