Under the current GAAP additional depreciation due to market values in excess of book values no longer necessitates a reduction in the equity in subsidiary income (on the books of the parent) under the complete equity method

The imposition of new taxes on the import of a particular material is an example of an economic

force affecting the market. Indicate whether the statement is true or false

Three types of arbitrage are simple arbitrage, rectangular arbitrage, and covered-expense

arbitrage. Indicate whether the statement is true or false