BlizzardCraft erroneously treated the acquisition of Simco as a purchase transaction when it should have been a pooling of interests .
Simco should not have amortized goodwill previous to 2002 .
Simco ' s goodwill should have been written off when purchased by BlizzardCraft in a one-time transaction .
The goodwill related to Simco may have been impaired during 2008 .
64 . All of the following represent a related entity to an organization except ( Points : 4 )
the president ' s son . an affiliate with common ownership . customers . primary owners .
65 . All of the following represent equity issuance requiring prominent accounting , presentation and disclosure treatment , except ( Points : 4 )
stock with beneficial conversion features . Warrants issued to a consultant for services performed .
Preferred stock that is cumulative and par value is $ 0.50 per share .