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In an attempt to limit President Johnson's powers and safeguard its own Reconstruction plan, Congress:
Initial Value Method
An accounting approach where investments are recorded at their acquisition cost, without subsequent adjustments for market fluctuations.
Noncontrolling Interest
The portion of equity in a subsidiary not owned by the parent company, reflecting the interest of minor shareholders.
Net Income
The total earnings of a company after subtracting all expenses, taxes, and losses.
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