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1. Your Trade Class:
2. Top reasons that pharmaceuticals drugs are non-returnable include: a. Too far out-of-date b. Not in original package c. Sold as non-returnable d. All of the above
3. The Controlled Substance Act (CSA) is enforced by the: a. Food & Drug Administration b. Environmental Protection Agency c. Drug Enforcement Administration d. None of the above
4. With a Rapid Credit Program, like the one from Pharma Logistics, you can get credit back in 14 days vs. the industry standard which is typically: a. 12 or more months b. 1-2 months c. 5-6 months d. 8-9 months
5. According to an article published in 2019 by the FDA, which of these is not a main cause of drug shortages: a. Manufacturers tend to focus on profitable drugs due to a lack of incentives for older ones. b. Drug Recalls c. Lack of focus on systems that continuously evolve and detect supply chain issues before they get out of hand. d. Logistical and regulatory roadblocks that make it difficult for the market to recover after a disruption.
6. A pharmacy is considered a Conditionally Exempt Small Quantity Generator (CESQG) if your independent, retail or hospital pharmacy generates no more than: a. 220 lbs of hazardous waste per year b. 220 lbs of hazardous waste per month c. 550 lbs of hazardous waste per year d. 550 lbs of hazardous waste per month
7. When evaluating a reverse distribution vendor, you should consider Collection Rate as one of your Key Performance Indicators. Collection Rate is: a. The percentage (%) of the returnable value ($) of your product that a pharmaceutical reverse distributor is able to reconcile b. The percentage of credits collected compared to the Expected Return Value of your return c. The percentage of a pharmacy’s returned inventory that is designated as “returnable” and “non-returnable” (averaged over time). d. The percentage of the total volume (of a stocked item) that is returned rather than sold due to overstocking and product expiration.
8: Which of the follow items is not typically accepted as part of a drug take back program: a. Over-the-counter medications b. Prescription drugs c. Controlled prescription drugs ( Schedule II – Schedule V) d. Medical waste
9. Optimizing Inventory Management includes: a. Minimizing outdated items b. Purchasing the right amount of product c. Purchasing product at the right times d. All of the above
10. Drug Take Back Programs help communities because: a. They help to prevent prescription drug abuse b. They help to reduce the risk of accidental poisoning c. They help to decrease environmental hazards including water contamination due to medications d. All of the above