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Find the least common multiple of the given terms.
q2 + 7q - 30, q2 + 20q + 100
LIFO Reserve
The difference between the cost of inventory calculated under the Last In, First Out (LIFO) method and another inventory costing method like First In, First Out (FIFO).
Deferred Taxes
Taxes that are owed but not yet paid, arising from temporary differences between accounting and tax treatments of income and expenses.
Retrospective Adjustment
A change applied to the accounting records of prior periods to correct an error or implement a change in accounting principle.
Cumulative Effect
The aggregate impact of an accounting change or policy on a company's financial statements over time.
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