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Phil is a 54-year-old male with multiple risk factors who has been on a high-dose statin for 3 months to treat his high LDL level. His LDL is 135 mg/dL and his triglycerides are elevated. A reasonable change in therapy would be to:
Cash Basis
An accounting method where revenues and expenses are recognized only when cash is received or paid, as opposed to the accrual basis.
Revenue Recognition
The accounting principle that governs the conditions under which revenue is recognized in the financial statements, ensuring it is recorded when earned.
Payment
It is the transfer of money or goods from one party to another as a settlement of an obligation.
Adjusted
Modified or changed in order to correct or improve the financials, often used in the context of financial statements to present a particular item in a way that reflects its true economic impact.
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