Rhode Island Multistate Pharmacy Jurisprudence (MPJE) Practice Exam

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When must a pharmacy take inventory of controlled substances?

Annually
Biennially
Quarterly
Monthly

The correct answer is: Biennially

The requirement for pharmacies to take inventory of controlled substances is established by the Drug Enforcement Administration (DEA) and state regulations. In Rhode Island, as in many other jurisdictions, the law stipulates that pharmacies must conduct a complete inventory of all controlled substances every two years, which is referred to as a biennial inventory. This timeframe helps ensure accountability and compliance with regulatory standards, as it allows pharmacies to accurately track their stock and prevent discrepancies. While taking inventory annually, quarterly, or monthly could provide some level of control and oversight, it is not consistent with the specific legal requirement that mandates a biennial inventory for controlled substances. This biennial requirement strikes a balance between maintaining oversight and allowing pharmacies to operate efficiently within their regulatory obligations.