How often should a pharmacy conduct an inventory of controlled substances in case of change of ownership?

Study for the Tennessee Multistate Pharmacy Jurisprudence Examination (MPJE). Utilize flashcards and multiple choice questions, each including hints and explanations. Prepare thoroughly for your exam!

A pharmacy is required to conduct an inventory of controlled substances before the change in ownership. This is crucial because it ensures that an accurate and complete record of all controlled substances is established at the time of the ownership transfer. This inventory reflects the exact quantities on hand and serves as a benchmark for the incoming owner to manage controlled substances responsibly and legally.

By conducting the inventory prior to the change of ownership, the integrity of the controlled substances is maintained and can help prevent potential discrepancies, mismanagement, or legal issues that may arise from the new owner inheriting inaccurate records. Additionally, this process is aligned with regulatory requirements that govern the management of controlled substances, ensuring compliance and promoting accountability.

The options that suggest conducting an inventory annually, whenever an employee leaves, or only once after the change do not fulfill the specific regulatory requirement of conducting an inventory specifically before a change of ownership, thereby not ensuring an accurate accounting of the drugs at the time of the transfer.

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