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They showed that for the model with efficient friction (i.e., non-empty interiors of the positive duals to the solvency cones) the existence of strictly consistent price system is equivalent to the strict no-arbitrage conditions for the whole interval \\((NA^s)\\). \\textit{W. Schachermayer} [``The fundamental theorem of asset pricing under proportional transaction costs in finite discrete time'' (Preprint, November 2001), Math. Finance 14, 19--48 (2004; Zbl 1119.91046)] proved that the existence of strictly consistent price system is equivalent to the newly introduced ``robust no-arbitrage property'' ensuring the closedness of the set of hedgeable claims. He provided an example showing that \\((NA^s)\\) does not guarantee this closedness and, hence, does not coincide with \\((NA^r)\\). In this article the authors give a synthesis and comparison of available results on no-arbitrage criteria in discrete time using advantages of more general geometric framework of their above mentioned paper to give quick 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