Question 1

Using the SDL Performance Based Compensation Method, how do team members add to their base compensation?

Accepted Answer

A) Longevity 
B) Minimizing sick days and completing daily checklist of duties performed 
C) Add skills to their core knowledge using formal training, continuing education, and in-house training 
D) Completing all duties thoroughly and accurately, minimizing stress to the practice caused by time off, and contributing new ideas to help the practice achieve goals 
A) Longevity 
B) Minimizing sick days and completing daily checklist of duties performed 
C) Add skills to their core knowledge using formal training, continuing education, and in-house training 
D) Completing all duties thoroughly and accurately, minimizing stress to the practice caused by time off, and contributing new ideas to help the practice achieve goals

Question 2

A set of principle rules that define right and wrong behavior is called what?

Accepted Answer

A) Response 
B) Ethics 
C) Corporate Government 
D) The bible 
A) Response 
B) Ethics 
C) Corporate Government 
D) The bible

Question 3

What is the correct term for the computation of sales that relates to the volume of merchandise sold to the inventory amount?

Accepted Answer

A) Inventory turnover 
B) Sales reconciliation 
C) Merchandise sales point 
D) None of the above 
A) Inventory turnover 
B) Sales reconciliation 
C) Merchandise sales point 
D) None of the above

Question 4

The Economic Order Quantity (EOQ) recognizes three specific costs incurred in the computation of optimal ordering quantities of a single item. What are these three specific costs?

Accepted Answer

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 
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

Question 5

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?

Accepted Answer

A) 6 
B) 5 
C) 1 
D) None 
A) 6 
B) 5 
C) 1 
D) None

Question 6

What area does a practice manager frequently deal in, that involves policies, procedures, and risk management?

Accepted Answer

A) Administration of practice 
B) Organization of practice 
C) Client retention 
D) Revenue maximization 
A) Administration of practice 
B) Organization of practice 
C) Client retention 
D) Revenue maximization

Question 7

In order to ensure the highest level of client service, the telephone at the reception desk should always be answered within how many rings?

Accepted Answer

A) 3 
B) 1 
C) 5 
D) 10 
A) 3 
B) 1 
C) 5 
D) 10

Question 8

If Amy purchases $1,300.00 worth of dog bowls for the veterinary practice that she manages, and she pays by credit card, what type of liability is created as a result of this transaction?

Accepted Answer

A) Account payable 
B) Operating expense 
C) Asset generation 
D) Unearned revenue 
A) Account payable 
B) Operating expense 
C) Asset generation 
D) Unearned revenue

Question 9

Employers are covered under the Fair labor and Standards Act (FLSA) if their business is considered an enterprise. To meet this criterion, the business entity must have a distinct commercial purpose and have annual gross sales over what dollar amount?

Accepted Answer

A) $500,000 
B) $100,000 
C) $50,000 
D) $250,000 
A) $500,000 
B) $100,000 
C) $50,000 
D) $250,000

Question 10

Veterinary services that are provided at the client's house or farm are called what?

Accepted Answer

A) Rolling care service 
B) Ambulatory services 
C) Ambulance service 
D) Satellite services 
A) Rolling care service 
B) Ambulatory services 
C) Ambulance service 
D) Satellite services

Question 11

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?

Accepted Answer

A) Ordering cost 
B) Holding cost 
C) Unit cost 
D) Receiving cost 
A) Ordering cost 
B) Holding cost 
C) Unit cost 
D) Receiving cost

Question 12

Which of the following choices is a key feature of a perpetual inventory system?

Accepted Answer

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 counts 
D) Quantities are updated by annual inventory counts and do not have to adjusted throughout the year 
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 counts 
D) Quantities are updated by annual inventory counts and do not have to adjusted throughout the year

Question 13

The concept of ration-based inventory management is based on what simple theory?

Accepted Answer

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 
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

Question 14

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?

Accepted Answer

A) The Federal Legend Drug Act 
B) The Federal Controlled Substances Act 
C) The Federal Veterinary Chemical Dependence Act 
D) The Federal Drug Enforcement Act 
A) The Federal Legend Drug Act 
B) The Federal Controlled Substances Act 
C) The Federal Veterinary Chemical Dependence Act 
D) The Federal Drug Enforcement Act

Question 15

What is a major drawback to a sole proprietorship?

Accepted Answer

A) Can be taken over against the will of the manager 
B) Subject to double taxation 
C) Difficulty transferring ownership 
D) Unlimited personal liability 
A) Can be taken over against the will of the manager 
B) Subject to double taxation 
C) Difficulty transferring ownership 
D) Unlimited personal liability

Question 16

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?

Accepted Answer

A) To write new laws governing state practices 
B) To uphold veterinary minimum standards 
C) To find a new golf partner 
D) To file lawsuits for the Human society 
A) To write new laws governing state practices 
B) To uphold veterinary minimum standards 
C) To find a new golf partner 
D) To file lawsuits for the Human society

Question 17

Ethically, the information contained in a veterinary patient medical record is considered privileged and must not be disclosed, except for in which of the following situations?

Accepted Answer

A) By court order 
B) With owner consent 
C) Deemed as in the veterinarians best judgment 
D) Both A&B 
A) By court order 
B) With owner consent 
C) Deemed as in the veterinarians best judgment 
D) Both A&B

Question 18

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?

Accepted Answer

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 
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

Question 19

Under federal law, the merchandising or use of veterinary prescription drugs, or extra label use thereof, is illegal and unethical unless which of the following exist?

Accepted Answer

A) The merchandising or use is related to food animal or food producer use 
B) An informed consent is on file 
C) Veterinary-client-patient-relationship 
D) The merchandising or use is for a personal acquaintance 
A) The merchandising or use is related to food animal or food producer use 
B) An informed consent is on file 
C) Veterinary-client-patient-relationship 
D) The merchandising or use is for a personal acquaintance

Question 20

Which of the following are the safety equipment minimums that required for most veterinary x-ray procedures?

Accepted Answer

A) Lead gloves, lead gown, and a thyroid shield 
B) Lead gloves, lead gown, thyroid shield, and lead glasses 
C) Lead gloves and a lead gown 
D) Lead gloves 
A) Lead gloves, lead gown, and a thyroid shield 
B) Lead gloves, lead gown, thyroid shield, and lead glasses 
C) Lead gloves and a lead gown 
D) Lead gloves

Using the SDL Performance Based Compensation Method, how do team members add to their base compensation?

A set of principle rules that define right and wrong behavior is called what?

What is the correct term for the computation of sales that relates to the volume of merchandise sold to the inventory amount?

The Economic Order Quantity (EOQ) recognizes three specific costs incurred in the computation of optimal ordering quantities of a single item. What are these three specific costs?

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?

What area does a practice manager frequently deal in, that involves policies, procedures, and risk management?

In order to ensure the highest level of client service, the telephone at the reception desk should always be answered within how many rings?

If Amy purchases $1,300.00 worth of dog bowls for the veterinary practice that she manages, and she pays by credit card, what type of liability is created as a result of this transaction?

Employers are covered under the Fair labor and Standards Act (FLSA) if their business is considered an enterprise. To meet this criterion, the business entity must have a distinct commercial purpose and have annual gross sales over what dollar amount?

Veterinary services that are provided at the client's house or farm are called what?

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?

Which of the following choices is a key feature of a perpetual inventory system?

The concept of ration-based inventory management is based on what simple theory?

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?

What is a major drawback to a sole proprietorship?

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?

Ethically, the information contained in a veterinary patient medical record is considered privileged and must not be disclosed, except for in which of the following situations?

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?

Under federal law, the merchandising or use of veterinary prescription drugs, or extra label use thereof, is illegal and unethical unless which of the following exist?

Which of the following are the safety equipment minimums that required for most veterinary x-ray procedures?

Anesthesia

Animal Care

Dentistry

Imaging

Lab Procedures

Pharmacology

Surgical

Analgesia

Critical Care

Filters

Exam 8: CVPM

Using the SDL Performance Based Compensation Method, how do team members add to their base compensation?

A set of principle rules that define right and wrong behavior is called what?

What is the correct term for the computation of sales that relates to the volume of merchandise sold to the inventory amount?

The Economic Order Quantity (EOQ) recognizes three specific costs incurred in the computation of optimal ordering quantities of a single item. What are these three specific costs?

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?

What area does a practice manager frequently deal in, that involves policies, procedures, and risk management?

In order to ensure the highest level of client service, the telephone at the reception desk should always be answered within how many rings?

If Amy purchases $1,300.00 worth of dog bowls for the veterinary practice that she manages, and she pays by credit card, what type of liability is created as a result of this transaction?

Employers are covered under the Fair labor and Standards Act (FLSA) if their business is considered an enterprise. To meet this criterion, the business entity must have a distinct commercial purpose and have annual gross sales over what dollar amount?

Veterinary services that are provided at the client's house or farm are called what?

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?

Which of the following choices is a key feature of a perpetual inventory system?

The concept of ration-based inventory management is based on what simple theory?

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?

What is a major drawback to a sole proprietorship?

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?

Ethically, the information contained in a veterinary patient medical record is considered privileged and must not be disclosed, except for in which of the following situations?

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?

Under federal law, the merchandising or use of veterinary prescription drugs, or extra label use thereof, is illegal and unethical unless which of the following exist?

Which of the following are the safety equipment minimums that required for most veterinary x-ray procedures?

Anesthesia

Animal Care

Dentistry

Imaging

Lab Procedures

Pharmacology

Surgical

Analgesia

Critical Care

Filters