Inventory Management for Veterinary Offices


Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

What is the cost of the product to the clinic multiplied by a set factor or percentage known as?

Create Your Account To Take This Quiz

As a member, you'll also get unlimited access to over 79,000 lessons in math, English, science, history, and more. Plus, get practice tests, quizzes, and personalized coaching to help you succeed.

Try it risk-free
Try it risk-free for 30 days. Cancel anytime
Already registered? Log in here for access

1. What is the level at which an inventoried item needs to be reordered called?

2. What is an unexplained loss of inventory called?

Create your account to access this entire worksheet
A Premium account gives you access to all lesson, practice exams, quizzes & worksheets
Access to all video lessons
Quizzes, practice exams & worksheets
Certificate of Completion
Access to instructors
Create an account to get started Create Account

About This Quiz & Worksheet

Questions you will answer on this quiz/worksheet will be in regard to inventory loss, financially breaking even, the stock of merchandise, reordering of items, and the cost of a product multiplied by set factors.

Quiz & Worksheet Goals

These practice questions will target questions on:

  • The term used for a product's cost multiplied by a static factor
  • The time at which an item needs reordering
  • What it's called when an item goes missing
  • A company listing its merchandise
  • The percentage a markup needs to be in order to break even on a product

Skills Practiced

  • Critical thinking - apply relevant concepts to examine information about running a veterinary business in a different light
  • Knowledge application - use your knowledge to answer questions about conducting business in a veterinarian's office
  • Interpreting information - verify that you can read information regarding inventory management and interpret it correctly

Additional Learning

To gain a better awareness of inventory management, read our lesson called Inventory Management for Veterinary Offices. This lesson will give you further information on:

  • What inventory is
  • Upkeep of inventory
  • The pricing of products
  • Money loss