Final answer:
Schedule III drugs have a lower abuse potential and moderate or low physical dependence.
Step-by-step explanation:
Schedule III drugs are substances that have a potential for abuse but are considered to have a lower abuse potential compared to Schedule I or Schedule II drugs. These medications have accepted medical uses and may lead to moderate or low physical dependence or high psychological dependence. Examples of Schedule III medications include Vicodin, a combination of hydrocodone and acetaminophen used for pain relief, Tylenol with codeine, a combination of codeine and acetaminophen used for pain relief and cough suppression, and anabolic steroids, which are synthetic variants of testosterone used in the treatment of various medical conditions.