The abbreviation "AAC" stands for which of the following?

Average acquisition cost containment
Average acquisition cost
Actual acquisition cost
Average assessed cost

Actual acquisition cost

Rationale: The abbreviation "AAC" stands for actual acquisition cost. The pharmacy is reimbursed for what it actually paid for the medication after receiving discounts from either the manufacturer or wholesaler.

Health Professions

You might also like to view...

Does only nurse the kits for __________ to __________ minutes per day

Fill in the blank(s) with correct word

Health Professions

Which type of office machine scans each page of a document, translates the information into electronic impulses, and transmits the impulses over the telephone line to another machine, where they are converted into an exact copy of the original document?

A. Facsimile machine B. Postage meter C. Photocopier D. Adding machine E. Typewriter

Health Professions