Cocaine is placed in which of the following controlled substance schedules?

Cocaine is classified as a Schedule II controlled substance. This classification is based on its high potential for abuse, which can lead to severe psychological or physical dependence. However, cocaine also has accepted medical uses, particularly as a topical anesthetic in certain surgical procedures. The Schedule II designation reflects the balance between the risks of abuse and the legitimate medical applications of the substance.

In contrast, Schedule I substances are considered to have no accepted medical use and a high potential for abuse, hence the lack of legal medical applications. Schedule III and Schedule IV substances have lower potential for abuse and are associated with less severe regulatory restrictions than Schedule II substances. Therefore, the placement of cocaine in Schedule II highlights both its high abuse potential and its value in specific medical contexts.