Question 1

What is a PAR level?

Accepted Answer

A)   Periodic automatic replacement
B)   Periodic automatic replenishment
C)   Periodic adjusted replacement
D)   Positive automatic replenishmentE) A) and D)
F) None of the above

Question 2

Examples of plan limitations include:

Accepted Answer

A)   Days' supply
B)   Refill limits
C)   Step therapy
D)   All of the aboveE) B) and C)
F) A) and B)

Question 3

Which of the following is not a government-managed program?

Accepted Answer

A)   Medicare
B)   Medicaid
C)   TRICARE
D)   Health maintenance organization (HMO) E) A) and B)
F) A) and C)

Question 4

What is the meaning of IPA?

Accepted Answer

A)   Independent pharmacy agreement
B)   Independent pharmacy association
C)   Independent physician agreement
D)   Independent physician associationE) A) and B)
F) A) and C)

Question 5

A pharmacy technician receives a DUE alert; what should they do?

Accepted Answer

A)   Contact the insurance provider
B)   Contact the patient
C)   Contact the pharmacist
D)   Contact the physicianE) None of the above
F) All of the above

Question 6

The typical drugs included in a formulary are drugs that are:

Accepted Answer

A)   New
B)   Generic
C)   Orphan
D)   Extremely expensiveE) None of the above
F) A) and B)

Question 7

In which of the following circumstances do most insurance companies allow early refills?

Accepted Answer

A)   Extended vacation
B)   Disaster situation
C)   Needing a backup supply
D)   A and BE) All of the above
F) B) and D)

Question 8

What is the meaning of AWP?

Accepted Answer

A)   Allowable wholesale price
B)   Average wholesale price
C)   Average wholesale purchase
D)   Acceptable wholesale priceE) B) and D)
F) A) and B)

Question 9

What is meant by stock rotation?

Accepted Answer

A)   Moving medication shelf displays around the pharmacy to ensure maximum exposure
B)   Selling out an item before replacing it
C)   Bringing the items with the earliest expiration dates to the front so they are used first
D)   Moving items to different places on the shelvesE) A) and D)
F) C) and D)

Question 10

What is meant by a back-ordered item?

Accepted Answer

A)   The item is automatically replaced by the wholesaler on a weekly basis.
B)   The item must be reordered since it did not arrive with the order.
C)   The ordered item is not currently in stock but will be sent as soon as it is available.
D)   The item has been discontinued.E) A) and B)
F) A) and C)

Question 11

Which of the following types of medication require special ordering, inventory, storage, handling, and return documentation?

Accepted Answer

A)   Cytotoxic medications
B)   Controlled substances
C)   Investigational drugs
D)   All of the aboveE) A) and B)
F) A) and C)

Question 12

Information contained on a bar code includes all of the following except:

Accepted Answer

A)   Dosage form
B)   Drug classification
C)   Drug strength
D)   Package sizeE) B) and C)
F) None of the above

Question 13

Which one of the following is not a valid reason to return a medication to the warehouse or manufacturer for credit?

Accepted Answer

A)   Drug was recalled
B)   Drug expired
C)   Drug was incorrectly reconstituted
D)   Drug was damaged during deliveryE) B) and C)
F) A) and D)

Question 14

Which of the following insurance plans requires a PCP?

Accepted Answer

A)   HMO
B)   PPO
C)   Medicaid
D)   All of the aboveE) A) and B)
F) All of the above

Question 15

Workers' compensation is paid for by:

Accepted Answer

A)   State government
B)   Federal government
C)   Employers
D)   EmployeesE) A) and B)
F) None of the above

Question 16

Which of the following is not true of flexible spending accounts?

Accepted Answer

A)   The government limits the amount of money a person can put into these accounts each calendar year.
B)   The money is there for as long as the person needs it.
C)   Restrictions are placed on what services are covered.
D)   The plans are similar to a savings account.E) B) and D)
F) A) and B)

Question 17

Supplemental insurance provided through private insurance companies that help cover costs not reimbursed by Medicare is called:

Accepted Answer

A)   Medigap plan
B)   Medifill plan
C)   Medisupp plan
D)   Mediplus planE) A) and B)
F) A) and D)

Question 18

What is one method of medication disposal that patients should be discouraged from using?

Accepted Answer

A)   Wrapping the medication in coffee grounds
B)   Wrapping the medication in kitty litter
C)   Flushing the medication down the toilet
D)   All of the aboveE) A) and B)
F) All of the above

Exam 13: Pharmacy Billing and Inventory Management

What is meant by stock rotation?

Correct Answer
verified

Which of the following types of medication require special ordering, inventory, storage, handling, and return documentation?

Correct Answer
verified

Supplemental insurance provided through private insurance companies that help cover costs not reimbursed by Medicare is called:

Correct Answer
verified

What is meant by a back-ordered item?

Correct Answer
verified

Examples of plan limitations include:

Correct Answer
verified

Workers' compensation is paid for by:

Correct Answer
verified

What is a PAR level?

Correct Answer
verified

Which of the following is not a government-managed program?

Correct Answer
verified

Which of the following is not true of flexible spending accounts?

Correct Answer
verified

What is the meaning of IPA?

Correct Answer
verified

What is one method of medication disposal that patients should be discouraged from using?

Correct Answer
verified

Information contained on a bar code includes all of the following except:

Correct Answer
verified

The typical drugs included in a formulary are drugs that are:

Correct Answer
verified

In which of the following circumstances do most insurance companies allow early refills?

Correct Answer
verified

Which of the following insurance plans requires a PCP?

Correct Answer
verified

What is the meaning of AWP?

Correct Answer
verified

Which one of the following is not a valid reason to return a medication to the warehouse or manufacturer for credit?

Correct Answer
verified

A pharmacy technician receives a DUE alert; what should they do?

Correct Answer
verified

Exam 13: Pharmacy Billing and Inventory Management

What is meant by stock rotation?

Correct AnswerverifiedShow Answer

Which of the following types of medication require special ordering, inventory, storage, handling, and return documentation?

Correct AnswerverifiedShow Answer

Supplemental insurance provided through private insurance companies that help cover costs not reimbursed by Medicare is called:

Correct AnswerverifiedShow Answer

What is meant by a back-ordered item?

Correct AnswerverifiedShow Answer

Examples of plan limitations include:

Correct AnswerverifiedShow Answer

Workers' compensation is paid for by:

Correct AnswerverifiedShow Answer

What is a PAR level?

Correct AnswerverifiedShow Answer

Which of the following is not a government-managed program?

Correct AnswerverifiedShow Answer

Which of the following is not true of flexible spending accounts?

Correct AnswerverifiedShow Answer

What is the meaning of IPA?

Correct AnswerverifiedShow Answer

What is one method of medication disposal that patients should be discouraged from using?

Correct AnswerverifiedShow Answer

Information contained on a bar code includes all of the following except:

Correct AnswerverifiedShow Answer

The typical drugs included in a formulary are drugs that are:

Correct AnswerverifiedShow Answer

In which of the following circumstances do most insurance companies allow early refills?

Correct AnswerverifiedShow Answer

Which of the following insurance plans requires a PCP?

Correct AnswerverifiedShow Answer

What is the meaning of AWP?

Correct AnswerverifiedShow Answer

Which one of the following is not a valid reason to return a medication to the warehouse or manufacturer for credit?

Correct AnswerverifiedShow Answer

A pharmacy technician receives a DUE alert; what should they do?

Correct AnswerverifiedShow Answer

Correct Answer
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Correct Answer
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Correct Answer
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