Dynamic Path Study Questions Flashcards
- Regarding the health of employees and volunteers in a veterinary Hospital, the Occupational Safety and Health Administration (OSHA) tasks Veterinary owners and managers with which of the following responsibilities?
A. The creation and implementation of a written plan that describes compliance with OSHA hazard communication regulations
B. The design and implementation of a verbal communication that complies with OSHA hazard communication standards
C. The creation and inspection of state Veterinary legislation to ensure compliance with federal law
D. The implementation of the Pregnancy Discrimination Act, Title VII, and state statutes, which specifically regulate maternity leave policies
A. The creation and implementation of a written plan that describes compliance with OSHA hazard communication regulations
- When considering the job hazards that may affect the health of employees or volunteers in the veterinary practice in which they are employed, which three categories of hazards are recognized and mandated by federal law?
A. Biological, zoonotic, and chemical
B. Physical, chemical, and biological
C. Environmental, physical, and chemical
D. Teratogenic, biological, and zoonotic
B. Physical, chemical, and biological
- When considering compliance with the Occupation Safety and Health Administration regulations, it is essential for employers to conduct and document which of the following two steps in employee management?
A. Orientation and training
B. Training and documentation
C. Indoctrination (training) and counseling during high-risk situations
D. Training and injury and illness reports
C. Indoctrination (training) and counseling during high-risk situations
- Which of the following tasks are considered to be an administrative control by the Occupational Safety and Health Administration (OSHA), as an approach for reducing worker exposure to waste gases (other than through the use of engineering controls, work practices, or personal protective equipment)?
A. Institute a program of routine inspection and regular maintenance of equipment
B. Implement a monitoring program to measure airborne levels of waste gases in the breathing zone or immediate work area
C. Encourage or promote the use of scavenging systems in all anesthetizing locations where inhaled agents are used
D. All of the above
D. All of the above
- Where large accidental spills of a halogenated anesthetic agent occurs and there is insufficient ventilation to adequately reduce airborne levels of the halogenated agent, which of the following choices represents a type of personal protective equipment that should be provided for use during cleanup?
A. Any type C supplied-air respirator
B. Gloves and goggles
C. Face shields, and chemical protective clothing
D. All of the above
A. Any type C supplied-air respirator
- Which federal act is responsible for the enforcement and regulation of the manufacturing, distribution, dispensing, and delivery of veterinary drugs that have the potential for abuse of causing physical dependence in humans?
A. The Federal Legend Drug Act
B. The Federal Controlled Substances Act
B. The Federal Veterinary Chemical Dependence Act
D. The Federal Drug Enforcement Act
B. The Federal Controlled Substances Act
- Which federal regulatory agency has jurisdiction over the manufacturing, distribution, and labeling of rodenticides, pesticides, and germicides?
A. The Food and Drug Administration
B. The Drug Enforcement Agency
C. The Environmental Protection Agency
D. The United States Department of Agriculture
C. The Environmental Protection Agency
- Which of the following situations constitutes veterinary extra-label drug use?
A. The use of amoxicillin in a cat with an upper respiratory infection, that is labeled for use it cats
B. The use of Baytril in a dog with bite wounds, which is labeled for small animal use only
C. The use of ivermectin in a swine with chronic diarrhea, which is labeled for use on livestock
D. The use of Amitraz for treating demadex mange on a dog, which is labeled for use on cattle
D. The use of Amitraz for treating demadex mange on a dog, which is labeled for use on cattle
- Under the Food, Drug, and Cosmetic Act, regulatory action will be taken against anyone (including farmers treating their own animals) whose extra-label use of a drug results in tissue residue in the food chain, unless which of the following conditions has been met?
A. A veterinarian deems that the life of the animal is immediately threatened
B. A permit is acquired through the Food and Drug Administration
C. The use is reported to the United States Department of Agriculture and withdrawal times are observed
D. The use is reported to the market in which the food animal is being sold or slaughtered
A. A veterinarian deems that the life of the animal is immediately threatened
- Which of the following is a basic way that a Veterinary approved drug can be placed rush in Food and Drug Administration’s category or prohibited drugs for use in food producing animals?
A. A veterinary complaint of adverse reaction from the ingestion or handling of a drug
B. No means of determining tissue residue levels exist and the residue may be harmful to humans
C. Consistent and long term extra-label use of a drug by Veterinary practitioners
D. No field testing or FDA compliance exists and safety to humans may be an issue
B. No means of determining tissue residue levels exist and the residue may be harmful to humans
- In the past few years, the Food and Drug Administration has taken action against large animal practitioners for the extra-label use of Chloramphenicol in food producing animals. As a drug that is known to cause a type of fatal blood dycrasia in humans, what federal act is this action directly in violation of?
A. The Federal Trade Commission Act
B. Sherman Act
C. Food, Drug, and Cosmetic Act
D. Criminal Fines Act of 1984
C. Food, Drug, and Cosmetic Act
- What system of the Food and Drug Administration has inadvertently promoted the off-label use of drugs, by making the cost of producing a drug so high that it is impractical for drug companies to introduce new drugs for species of animals with small numbers?
A. DEA
B. FD&C
C. CSA
D. NADA
D. NADA
- What types of Veterinary products are not subject to Federal regulation under the Food, Drug, and Cosmetic (FD&C) Act?
A. Grooming products used for cleaning animals
B. Any therapeutic product that is used topically only
C. Antibiotic products used for treating infection
D. Systemic fungicides used for treating various mycoses
A. Grooming products used for cleaning animals
- Which of the following best describes a characteristic of a legend drug?
A. Requires a special form (DEA) to be completed prior to ordering
B. May only be used by or under the supervision of a licensed veterinarian
C. A current controlled substance license number must be on file with the vendor when an order is placed
D. May be used or prescribed in any manner that a licensed Veterinarian deems appropriate
B. May only be used by or under the supervision of a licensed veterinarian
- Section 201-105 of The Code of Federal Regulations requires that a drug must meet which of the following conditions in order to qualify as a Veterinary prescription drug?
A. Has completed a NADA and submitted all required biochemical assays and trial information
B. Was formulated for the specific use on a species of animal other than humans
C. In the possession of a licensed veterinarian for use in the course of professional practice
D. Complies with all FDA testing and labeling directives for use in the practice of veterinary medicine
C. In the possession of a licensed veterinarian for use in the course of professional practice
- The Code of Federal Regulations requires that the manufacturing label of any prescription drug contain which of the following?
A. The name of the plant where it was manufactured
B. The clients full name
C. The name of the veterinary hospital dispensing the drug
D. A control or lot number
D. A control or lot number
- The Food and Drug Administration’s Center for Veterinary Medicine is responsible for regulating most animal health products and what else?
A. Animal feeds
B. Animal pesticides
C. Animal husbandry laws
D. Food animal meat quality
A. Animal feeds
- The United States Department of Agriculture has primary authority over the regulation of which division of animal health products?
A. Insecticides
B. Biologicals
C. White goods
D. Pharmaceuticals
B. Biologicals
- Which of the following options is the correct term for the legal principle by which judges, in a court of law, are obliged to respect the legal precedents established by prior decisions?
A. Moral standards
B. Stare decisis
C. Ethics law
D. Duty to render
B. Stare decisis
- State Veterinary Associations each adopt an individual ethical code of conduct for use in their bylaws. Which of the following is the code that is most commonly adopted into bylaws for the purpose of regulating the practice of veterinary medicine in individual state practice acts?
A. United State Supreme Courts Code
B. Ethical and Legal Jurisdiction Code
C. The AVMA code
D. Moral and the Ethical Constraints Code
C. The AVMA code
- What level of emergency care are veterinary practices legally obligated to provide on an injured animal presented to an emergency care facility?
A. Level 1 trauma
B. Level 2 trauma
C. Level 3 trauma
D. None
D. None
- In practice of veterinary medicine, which states have passed legislation addressing the issue of the allowing veterinarians to euthanatize a perfectly healthy animal upon client request?
A. All 50 states
B. Florida, Mane, Georgia, Alabama, California
C. Maine, Alabama, South Carolina, Virginia
D. Florida and California
A. All 50 states
- In all 50 states, criminal law defines the boundaries of a legal relationship between two categories of entities. Which of the following choices accurately reflects the two categories of relationships that are applied to criminal law?
A. State Representation and Business Organization
B. Individual and Society
C. Society and Public Welfare
D. Business organization and Individual
B. Individual and Society
- In the United States, civil law has two major subdivisions that govern veterinary practices. These laws are used to charge criminals and set examples within our court systems. What are they?
A. Criminal law and civil law
B. Contract law and criminal law
C. Contract law and tort law
D. Tort law and personal property law
C. Contract law and tort law
- Contract law deals with duties set by individuals because of a Contractual agreement; whether on paper, a handshake or oral. A failure to fulfill this agreement, such as when a client refuses to pay the charges rendered for veterinary care, can create the potential breaching of duty. Under what law could a veterinary practice file a lawsuit against a client for non-payment of services?
A. Criminal law
B. Ethics law
C. Real estate law
D. Civil law
D. Civil law
- Dr. Howell is opening his first veterinary practice. In order to ensure that he follows all current laws and statutes relating to the operation and regulation of his practice, where should Dr. Howell look to find his local practice acts?
A. Licensing board
B. Health department
C. USDA
D. American Veterinary Medical Association
A. Licensing board
- Dr. Barksalot has been elected to serve on the state veterinary board for licensing. He is enthusiastic about providing a great service to his community. What will Dr. Barksalot’s primary responsibility be when serving on this board?
A. Licensing board
B. Health department
C. USDA
D. American Veterinary Medical Association
A. Licensing board
- Mandy has worked at Dr. Houndog’s practice for years. Although she is not a licensed veterinary professional, she has learned a lot about the field of veterinary medicine. Mandy has been instructed to give a vaccination to a patient, while Dr. Houndog is on the premises.
What level of supervision is present in the scenario that would make it legally permissible for Mandy to vaccinate a client’s animal?
A. Instrumental supervision
B. Standard supervision
C. Direct supervision
D. Premise supervision
C. Direct supervision
- Which vaccine is mandated by law in every state, due to the increasing concerns for the public’s health and safety?
A. Distemper
B. Necrotizing Staphylococcus
C. Parvovirus
D. Rabies
D. Rabies
- When considering the paperwork required for court proceedings, what two things generally define case titles?
A. Names of the parties to the lawsuit
B. Names of the attorneys
C. Two upper case Vs
D. Names of the parties to the lawsuit and a small v
D. Names of the parties to the lawsuit and a small v
- In the legal case heading “Brown v. The Board of Education”, what does the v stand for?
A. Versus
B. Virus
C. Verse
D. Venture
A. Versus
- Which of the following choices is a part of The American Veterinary Medical Association Model Practice Act’s definition of veterinarian-client-patient-relationship?
A. A diagnosis, which must be permanently entered into the patient medical record
B. The veterinarian has recently seen or is acquainted with the keeping and care of the animals)
C. A written treatment plan, which must include all recommendations and medications
D. All of the above
B. The veterinarian has recently seen or is acquainted with the keeping and care of the animals)
- Both the Federal government and the Food and Drug administration are serious about the veterinarian’s duty to assure that prescription drugs are dispensed properly and only in the presence of a valid veterinarian-client-patient-relationship. Which law provides for fines, upwards of $100,000, for veterinarians found guilty of violating the FD&C Act?
A. FD&C Penalty Act of 1992
B. Veterinary Felony Act of 1987
C. Criminal Fines Act of 1984
D. Fraudulent Prescription Act of 1996
C. Criminal Fines Act of 1984
- In the event of a lawsuit at the trial court level, which name in a lawsuit is listed first, at the top of the legal case heading?
A. Judge
B. Plaintiff
C. Defendants
D. Both parties to the lawsuit
B. Plaintiff
- Which of the following represents a reason that it is difficult to predict the outcome of case law proceedings pertaining to veterinary cases?
A. Case law is based on appellate law
B. Case law is based on fact only
C. Case law is based on legal opinion and subject to interpretation
D. Case law is based on which party the judge finds the most credible
C. Case law is based on legal opinion and subject to interpretation
- When considering veterinary negligence and malpractice disputes, case law and precedents are set at which of the following trial levels of the court system?
A. Criminal level
B. Civil level
C. Appellate level
D. Public level
C. Appellate level
- In the United States, which court is the highest in the land?
A. Circuit court
B. Chancery court
C. Magistrates court
D. Supreme Court
D. Supreme Court
- In which United States court are most veterinary lawsuits heard?
A. County court
B. Justice of the Peace
C. Appellate court
D. Traffic court
A. County court
- If you are managing a veterinary practice, and wish to file a lawsuit against a client for unpaid services under $5000.00, in which court would your case go to trial?
A. Appellate court
B. Court of appeals
C. County court
D. Special court
C. County court
- In the United States, which court is the lowest in the land, in the terms of authority?
A. Appellate court
B. Court of appeals
C. Magistrates court
D. Special court
C. Magistrates court
- Under the current law, which of the following choices represents a veterinarian’s greatest risk for legal liability?
A. Injury to an employee
B. Injury to a client
C. Medical malpractice
D. Disability
B. Injury to a client
- Under which law do most cases that involve Veterinary professional liability originate from?
A. Criminal law
B. Law of malpractice
C. Law of civil negligence
D. Probate law
B. Law of malpractice
- According to Black’s Law Dictionary, what is the correct definition of negligence?
A. The doing of an act that a person without normal prudence would find offensive in the exact same circumstances
B. The doing of an act that a person of normal prudence would not have done under similar circumstances
C. The doing of an act that an extraordinary person of abnormal prudence would have done under the exact same circumstances
D. The doing of an act that a person of normal prudence would have done under similar circumstances
B. The doing of an act that a person of normal prudence would not have done under similar circumstances
- When considering the law of negligence, how does it pertain to professional behavior?
A. It pertains to the way a professional handles a malpractice suit
B. It pertains to all aspects of a professional’s life and business
C. It pertains to the way professionals run their businesses
D. It pertains to the way professionals run their lives
C. It pertains to the way professionals run their businesses
- A client presents a patient for emergency care and is unable to pay for the necessary medical care. Which option below best represents the ramifications of denying emergency medical care to this patient?
A. Revocation of American Animal Hospital Association certification
B. Medical malpractice suit
C. State Veterinary Board disciplinary action
D. Moral indignation and bad public relations
D. Moral indignation and bad public relations
- Which of the following is NOT an example of omission in a veterinary malpractice lawsuit?
A. Failure to utilize a cardiac monitor
B. Failure to perform vaginal cultures on a herd of cattle
C. Failure to perform a urinalysis
D. Failure to properly file the patient medical record
D. Failure to properly file the patient medical record
- In consideration of veterinary lawsuits, there are three types of damages that can be awarded. In addition to nominal and compensatory, which of the following choices is the third type of damages that can be awarded?
A. Punitive
B. Veterinary
C. Compensatory
D. Altruistic
A. Punitive
- In the process of a veterinary lawsuit, what are the most common expenses that a client may seek an award for?
A. Pain and suffering
B. Veterinary bills
C. Time lost from work
D. Personal expenses
B. Veterinary bills
- The purpose of federal and state antitrust legislation is to preserve the underlying principle that our nation shall function under which of the following?
A. The article of free speech
B. A monopolized business environment
C. A competitive business economy
D. All of the above
C. A competitive business economy
- In the event of a violation of antitrust laws, the Department of Justice initiates most legal proceedings under which of the following?
A. First Amendment
B. State law
C. Second Amendment
D. Federal law
D. Federal law
- In addition to the antitrust division of the Department of Justice, who else may initiate action under federal antitrust statutes?
A. Private litigants
B. Public affairs
C. Federal Bureau of Investigation
D. ASPCA
A. Private litigants
- The Federal Trade Commission and the courts are responsible for the interpretation and application of the competitive objectives of which of the following?
A. Congress
B. Antitrust laws
C. Federal government
D. Local municipality
B. Antitrust laws
- The San Diego Veterinary Medical Association was scrutinized for publishing fee survey results, adopting minimum fee schedules, and prohibiting members from accepting low cost spay / neuter patients. It was charged that this practice is a violation of Section 1 of which federal act?
A. Grant Act
B. Pharmaceutical Trade Act
C. Sherman Act
D. Free Trade Act
C. Sherman Act
- What are the four main types of moral problems that veterinary medical professionals face?
A. Peers, clients, animals, society
B. Peers, family, clients, animals
C. Family, clients, society, animals
D. Coworkers, family, society, animals
A. Peers, clients, animals, society
- When a licensed veterinarian is considering moving to another state, they must consider in which states their license to practice medicine will reciprocate to. How many states offer reciprocity without an exam?
A. 5
B. 6
C. 7
D. 9
D. 9
- When a veterinarian applies for a state license to practice veterinary medicine for the first time, how many states will waive the state portion of the examination?
A. 6
B. 5
C. 1
D. None
A. 6
- If a client’s dog is confiscated by animal control for chasing cars alongside the interstate, what term of animal confinement would be used to describe this situation?
A. Hot Dog on I-4
B. Animal control
C. Animal confinement
D. Running at large
D. Running at large
- In the Unites States court system, which of the following choices represents the type of court that is not found under the special courts title?
A. Traffic court
B. Juvenile court
C. Small claims court
D. Probate court
C. Small claims court
- Which two United States courts, in which veterinary cases may be heard, are classified as trial courts?
A. County court and special court
B. Intermediate court and juvenile court
C. County court and district court
D. State court and magistrates’ court
A. County court and special court
- When a veterinarian applies for a veterinary license for the first time, which of the following three items is required?
A. Application, diploma, and passport
B. Application, diploma, and certification of graduation
C. Application, copy of driver’s license, diploma
D. Application, license, diploma
B. Application, diploma, and certification of graduation
- According to most state laws, who may administer a Rabies vaccine to a domesticated animal?
A. The animal owner
B. Anyone with proper medical training
C. A licensed veterinarian only
D. All of the above
C. A licensed veterinarian only
- Although laws may vary by state or province, generally speaking, who has legal ownership of pet medical records?
A. They are public record, and not subject to ownership laws
B. They are jointly owner between the veterinarian and the pet owner
C. The animal owner
D. The Veterinary practice
D. The Veterinary practice
- Which of the following choices represents a valid legal concern, regarding the use of computerized pet medical records in a veterinary practice?
A. Alteration of records
B. Breech of client confidentiality
C. Loss of data
D. Inaccurate entries
A. Alteration of records
- In order to alleviate concerns should a veterinary malpractice suit arise, what protective measure can a practice take in order to generally satisfy a court of law that the electronic patient records are trustworthy?
A. Creating backup tapes or disks that are kept on the veterinary premises
B. Placing backup tapes or disks into an escrow account
C. Maintaining a journal of alterations as they occur
D. Institute a hospital wide policy prohibiting alterations to the patient record
B. Placing backup tapes or disks into an escrow account
- Which of the following choices represents the goal of a practice manager when performing a medical record audit and peer review?
A. Ascertain medical service compliance
B. Determine receptionist compliance
C. Evaluate the completeness of physical examination findings
D. All of the above
D. All of the above
- What are the main two ways that periodic medical record audits and peer reviews benefit a Veterinary practice?
A. Employee reviews and vaccine reminder compliance
B. Survey client / patient data and discover service gaps
C. Legal compliance and increase profitability
D. Verify association standards are upheld, and staff compliance
C. Legal compliance and increase profitability
- If a Veterinary staff member makes a mistake when recording information on a hand-written patient medical record, which of the following is the correct way in which to make an alteration?
A. Crossed out, dated, initialed, and an explanation recorded
B. Erased, initialed, an explanation recorded
C. Crossed out and initialed
D. The incorrect information must be left on the chart, and the correct information recorded underneath it
A. Crossed out, dated, initialed, and an explanation recorded
- When evaluating patient medical records during an audit, which of the following is a common mistake made by associate veterinarians?
A. Incomplete physical examination finding
B. Missed services either not offered or not documented
C. Incomplete medical record
D. Over-documenting commentary
B. Missed services either not offered or not documented
- Providing a client with informed consent for procedures that will be performed on a pet is an important step in an organized Veterinary practice. What information should be included on procedural consent forms?
A. Client and patient information, procedure to be performed, and risk
B. Prognosis and risk
C. Risk, alternatives, prognosis, and potential complications
D. Risk and potential complications
C. Risk, alternatives, prognosis, and potential complications
- The American Animal Hospital Association (AAHA) is the only voluntary certifying organization for veterinary hospitals in the United States. What is the mission of AAHA?
A. Educate veterinarians on the latest trends and medical advancements
B. Meet the needs of veterinarians in order to provide research into controversial issues surrounding the practice of veterinary medicine
C. Educate the public as to what a high standard of veterinary medical care is
D. Meet public needs and enhance the veterinarians’ ability to provide a high level of medical care, and maintain facilities with a high standard of excellence
D. Meet public needs and enhance the veterinarians’ ability to provide a high level of medical care, and maintain facilities with a high standard of excellence
- Non-electronic (paper) patient medical records are file either alphabetically or numerically. What advantage does a numeric filing system have for veterinary practices with a large volume of patient medical records?
A. Eliminates misfiling mistakes caused by employee spelling errors
B. Allows for a cross reference database of client names and client numbers
C. Allows for quick access when pulling patient medical records
D. Eliminates the need for purchasing a color coding system for each letter of alphabet
A. Eliminates misfiling mistakes caused by employee spelling errors
- From a business management perspective, what is the reason That procedural logs (radiograph, surgery, etc…) are beneficial to a veterinary practice?
A. Quality control
B. Record audits for capturing lost charges
C. Determine the amount of labor expended in each service area
D. All of the above
D. All of the above
- Which of the following statements is TRUE regarding patient prognosis?
A. The prognosis is a final opinion and does not change during the course of treatment
B. Patient prognosis helps a client decide what level of veterinary service to engage for the patient
C. The prognosis is charted just prior to patient discharge
D. The prognosis does not affect the medical recommendation
B. Patient prognosis helps a client decide what level of veterinary service to engage for the patient
- When establishing a new medical record system, whether manual or electronic, which of the following choices represents criteria that must be adhered to?
A. The language that is used to document information should be a personal code that cannot be easily interpreted by those outside the practice
B. A group medical record must be kept for multiple animals in the same household
C. The record must be composed as a legal document that will be admissible in a court of law
D. All medical records must be retained for a period of ten years
C. The record must be composed as a legal document that will be admissible in a court of law
- The Source-Oriented Medical Record (SOM) consists of data that is entered on the patient medical record in what format?
A. Alphabetically, by medical problem
B. Chronologically, by each identified health problem
C. Chronologically, by office visit or period of hospitalization
D. Alphanumerically, by diagnostic code
C. Chronologically, by office visit or period of hospitalization
- What type of patient medical record links all recorded information to various patient health problems as they arise?
A. Problem Oriented Patient Medical Record (POMR)
B. Electronic (paperless) medical record system (EMRS)
C. Source Oriented Patient Medical Record (SOMR)
D. Combination of SOMR, POMR, and EMRS
A. Problem Oriented Patient Medical Record (POMR)
- When utilizing the Problem-Oriented Patient Medical Record (POMR) format, in which section are “SOAP” notes recorded?
A. Major / minor problem section
B. Progress section
C. The defined database section
D. The plan section
B. Progress section
- Which of the following choices would be information that is included in the “Subjective” section of the progress notes?
A. Information that is based on fact, not opinion
B. The sum of all information, whether based on opinion or fact
C. Information related to owner observations, more opinion than fact
D. Information relating to the differential diagnosis and tentative prognosis
C. Information related to owner observations, more opinion than fact
- If an employee wanted to find the most recent information for client communication regarding a specific patient, under which section of the patient medical record would they look?
A. The “S” section of SOAP
B. The “O” section of SOAP
C. The “A” section of SOAP
D. The “P” section of SOAP
D. The “P” section of SOAP
- When combining the SOM and POMR medical record format, what elements should be present in order to ensure accuracy and continuity of information?
A. Major problem list, vaccine history, and exam findings organized into SOAP format
B. Medical history, vaccine history, and chief complaint on leading page
C. Major problem list, vaccine history, and exam findings organized into
ADR format
D. Client and patient data on leading page
A. Major problem list, vaccine history, and exam findings organized into SOAP format
- What does SOAP stand for?
A. Subjective, Objective, Assessment, Plan
B. Simple, Object, Access, Protocol
C. Spine, Orthopedic, And Pain
D. Subjective, Oriented, Assessment, Protocol22
A. Subjective, Objective, Assessment, Plan
- According to the American Animal Hospital Association (AAHA) standards, which of the following is the correct abbreviation for a fracture?
A. dx
B. fx
C. dr
D. fr
B. fx
- When recording information onto a patient medical record, which of the following is the correct way to indicate (in abbreviated form) that a patient is to be given as much water as desired?
A. H20 free choice
B. Water NPO
C. H20 ad lib
D. Water BID q4h
C. H20 ad lib
- If a patient chart indicates that they were diagnosed with GDV, what is the correct medical term for this condition?
A. gastrointestinal diarrhea vomiting
B. gestational dilated vagina
C. geriatric dog vestibular
D. gastric dilatation and volvulus
D. gastric dilatation and volvulus
- If a vaccine is said to be MLV, what does this mean?
A. Modified Live Virus
B. Measles Lepto Vaccine
C. Mutated Live Vaccine
D. Macro Lymphatic Virus
A. Modified Live Virus
- Which of the following choices represent the two greatest operational costs of veterinary hospitals?
A. Veterinary salary and payroll
B. Staffing and Inventory
C. Malpractice insurance and unemployment compensation insurance
D. Drugs and supplies
B. Staffing and Inventory
- Inventory is defined as goods that are held for the resale or use in the regular course of business. Which of the following is NOT an example of inventory in a veterinary practice?
A. Drugs and supplies held for resale
B. Office and computer equipment and supplies
C. Janitorial and cleaning supplies
D. None of the above
D. None of the above
- How is the unit cost of an inventory item calculated?
A. amount paid to vendor + shipping + sales tax, multiplied by the quantity ordered
B. amount paid to vendor - sales tax, divided by the quantity ordered
C. amount paid to vendor + sales tax + shipping, divided by the quantity ordered
D. amount paid to vendor + shipping - sales tax, multiplied by the quantity ordered
C. amount paid to vendor + sales tax + shipping, divided by the quantity ordered
- If you receive an inventory shipment for 12 bottles of Catron spray, and the invoice lists the price at $12.00, with $1.20 in sales tax and $8.00 shipping charges, what would the unit cost of this item be (rounded up the nearest whole cent)?
A. $1.77
B. $1.00
C. $1.66
D. $1.17
A. $1.77
The price of $12 is added to the sales tax and shipping, and the total ($21.20) is divided by the quantity of items (12). $12 + $1.20 + $8 = $21.20. Divided by 12 = $1.77
- Besides unit cost, what are two other broad categories of inventory expense that are computed in order to determine the actual cost of an inventory item?
A. Unit cost and holding cost
B. Ordering cost and holding cost
C. Unit cost and ordering cost
D. Ordering cost, holding cost, and sales tax
B. Ordering cost and holding cost
- When factoring in the final cost of an inventory item, tasks (that you must pay employees for) such as price shopping, meeting with vendors, and unpacking shipments are costs that fall into which category of inventory expense?
A. Payroll
B. Unit cost
C. Ordering costs
D. Holding costs
C. Ordering costs
- Inventory ordering costs account for what percentage of the total unit cost?
A. 15% - 20%
B. 10% - 15%
C. 5% - 10%
D. 2% - 5%
A. 15% - 20%
- The cost of owning and keeping inventory on the premises in anticipation of use is considered to be a part of what type of inventory expense?
A. Ordering cost
B. Holding cost
C. Unit cost
D. Receiving cost
B. Holding cost
- Inventory holding costs normally account for what percentage of inventory expense in a veterinary hospital?
A. 6% - 8%
B. 2% - 4%
C. 8% - 15%
D. 15% - 20%
C. 8% - 15%
Which of the following statement represents a central goal of inventory control and management in veterinary medicine?
A. Quantities of drugs and professional supplies are kept in large quantities to avoid running out
B. To provide limitless access to inventory items for maximum convenience to veterinarians and staff
C. To purchase in bulk whenever possible, in order to realize deep discounts on unit costs
D. Quantities of drugs and professional supplies are controlled in order to minimize expenditure
D. Quantities of drugs and professional supplies are controlled in order to minimize expenditure
- An effective inventory system will signal a manager when an item needs to be reordered. This is in order to avoid which of the following situations?
A. A stock out
B. Expired drugs and supplies
C. A cash out
D. A cop out
A. A stock out
- Which of the following choices is a key feature of a perpetual inventory system?
A. Quantities are updated by manual inventory counts
B. When an item is received, it is immediately added to inventory and automatically subtracted when it is sold
C. When an item is ordered, it is automatically added into inventory
D. Quantities are updated by annual inventory counts and do not have to adjusted throughout the year
B. When an item is received, it is immediately added to inventory and automatically subtracted when it is sold
- Personal property taxes that are paid by the Veterinary Hospital for the value of the inventory, insurance premiums, and pharmacy fees are an example of what type of inventory expense?
A. Ordering expense
B. Operational expense
C. Holding expense
D. Unit cost
C. Holding expense
- A periodic inventory system uses records that rely on which of the following at the end of each accounting period?
A. A bookkeeper
B. A computerized count
C. A balance sheet
D. A physical count
D. A physical count
- What is the term for inventory loss that is unexplained or difficult to isolate?
A. Shrinkage
B. Wastage
C. Theft
D. Loss of use item
A. Shrinkage
- ABC Animal Medical Center began the year with 500 boxes of Promeris. They ordered 2000 additional boxes throughout the year, and sold 2,341 boxes. How many boxes of Promeris should they have left at the end of the year?
A. 128
B. 159
C. 341
D. 150
B. 159
- Which of the following items poses the greatest challenge for maintaining an accurate perpetual inventory system?
A. Inventory shortage items
B. Items held for resale
C. Hospital consumables
D. Retail items
C. Hospital consumables
- The concept of ration-based inventory management is based on what simple theory?
A. Inventory is more vulnerable to wastage if held in smaller quantities
B. Inventory is more difficult to control if held in large quantities
C. Inventory is less vulnerable to shrinkage if held in large quantities
D. Inventory is easier to control if it held in smaller quantities
D. Inventory is easier to control if it held in smaller quantities
Ration-based uses a central supply area that stocks larger quantities that are rationed out to secondary areas
- Under the ration-based inventory system, which of the following choices are a means of providing internal control over employee’s theft of inventory items?
A. Segregating the person responsible for physical inventory count from the record keeper
B. Assigning access to the central supply to only one person in the practice
C. The inventory manager is solely responsible for physical inventory count & record management
D. Limiting access to the central supply area to licensed DVMs only
A. Segregating the person responsible for physical inventory count from the record keeper
- When considering employee theft of inventory items, what is the greatest safeguard that a veterinary hospital can implement in order
to safeguard the practice’s assets?
A. A physical inventory count
B. A perpetual inventory system
C. An inventory control card system
D. Assigning a single inventory manager
B. A perpetual inventory system
- Which of the following is the correct term for a method of pricing that adjusts the sales price of an item as contemporaneously as possible to the sale, based on its most current replacement acquisition cost and regardless of how much was paid for the item?
A. Cost plus pricing
B. Market oriented pricing
C. Just in time pricing
D. Premium pricing
C. Just in time pricing
- When ordering veterinary medication and supplies, there is an optimal quantity that should be purchased at any one time, in order to maintain maximum profitability for the practice. Which of the following is a mathematical formula that can be used in order to determine optimal ordering quantities?
A. Optimal Order Quantity (00Q)
B. Reorder Point (ROP)
C. Purchase Lead Time (PLT)
D. Economic Order Quantity (E0Q)
D. Economic Order Quantity (E0Q)
- What is the correct term for the computation of sales that relates to the volume of merchandise sold to the inventory amount?
A. Inventory turnover
B. Sales reconciliation
C. Merchandise sales point
D. None of the above
A. Inventory turnover
- When considering calculating inventory turns for an entire veterinary hospital, which of the following statement is TRUE?
A. The higher the turnover number, the lower the ordering costs
B. The higher the turnover number for a given period of time, the more efficient the control.
C. A higher turnover number is financially inefficient
D. The higher the turnover number for a given period of time, the less efficient the control
B. The higher the turnover number for a given period of time, the more efficient the control.
- What is the inventory amount that is expected to be used up between the point of order receipts to the time another order must be placed called?
A. Inventory turnover
B. Reorder point
C. Operating level
D. Lead stock
C. Operating level
- Use the following example to calculate the ANNUAL turnover of 100mg Amoxicillin tablets, 200 per bottle. The beginning inventory count on January 1 is 150 tablets, and the ending count on December 31 is 210 tablets. The total purchases from January to June were 4 bottles, or 800 tablets. How many times was this medication turned over in the course of one year?
A. 2.22 times per year
B. 4.44 times per year
C. 6.66 times per year
D. 8.88 times per year
D. 8.88 times per year
- turnover is calculated by adding together the beginning and ending inventory (150 + 210 = 360 ). This number is then divided by 2, for a result of 180. The total purchases for a six month period were 800 tablets, so this is divided by 180 (800 / 180 = 4.44 ). Since 4.44 is the turnover number for six months, you will need to double it in order to calculate a full year*
- Breakeven analysis is performed in order to adequately price a product. What is the formula for determining breakeven analysis?
A. Breakeven sales price equals fixed cost plus variable cost
B. Breakeven sales price equals vendor cost plus sales tax
C. Breakeven sales price equals cost plus 20%
D. Breakeven sales price equals vendor cost plus fixed costs
A. Breakeven sales price equals fixed cost plus variable cost
- The Economic Order Quantity (E0Q) recognizes three specific costs incurred in the computation of optimal ordering quantities of a single item. What are these three specific costs?
A. Annual demand in units, holding cost, unit cost
B. Ordering cost, holding cost, unit cost
C. Unit cost, taxes, shipping
D. Vendor price, holding cost, taxes
hospital?
B. Ordering cost, holding cost, unit cost
- When does inventory become a legal asset of the veterinary hospital?
A. 30 days from title receipt
B. Upon shipment
C. As soon as title has passed from the vendor to the veterinary practice
D. upon delivery
C. As soon as title has passed from the vendor to the veterinary practice
- If a shipping document enclosed with an inventory delivery states “FOB shipping point”, when would the title, or ownership, of the inventory pass to the veterinary practice?
A. when the merchandise is shipped
B. when the merchandise is delivered to the veterinary practice
C. upon receipt of payment
D. when the merchandise is delivered to the shipper
D. when the merchandise is delivered to the shipper
- The breakeven analysis formula states that S (sales price) = F + V + P. When using the breakeven analysis as a starting point for product pricing, “p” is a variable component in the equation. What does “P” stand for?
A. Profit
B. Product
C. Price
D. Percentage
A. Profit
- If VanMeer Veterinary Hospital has purchased a new ultrasound machine through Western Medical, and did not collect the requisite state sales tax because they are located in another state, what type of tax payment is the Veterinary Hospital liable for?
A. Sales tax
B. Use tax
C. Service tax
D. Major purchase tax
B. Use tax
- If the inventory turnover rate on a bottle of Baytril 22.7 mg (150 count) is 6.66, what is the average number of days (over a period of 183 days) that the medication sits on the shelf before it is sold out?
A. 60 days
B. 27 days
C. 18.3 days
D. 20 days
B. 27 days
- What document is a legal agreement describing and defining the events causing a partner or shareholder to sell his/her interest in a veterinary hospital, and the terms for resolving other interests and ownerships?
A. Shareholder Buyout Agreement
B. Buy-Sell Agreement
C. Stock liquidation Agreement
D. Partner Dissolution Agreement
B. Buy-Sell Agreement
- Computer technology that allows images to be made, stored, transmitted between computers, and recreated for viewing is known as what?
A. Electronic Records Systems Technology
B. Computed Radiography Technology
C. Digital Image Technology
D. Computer Imaging Technology
C. Digital Image Technology