The corresponding price is the equilibrium price or market-clearing price, the quantity is the equilibrium quantity. Surplus and shortage: If the market price is above the equilibrium price, quantity supplied is greater than quantity demanded, creating a surplus. Market price will fall. Example: if you are the producer, you have a lot of excess inventory that cannot sell.
2 meanings of SAP acronym and SAP abbreviation in Finance. Get the definition of SAP in Finance by All Acronyms dictionary. Top Definition: Statutory Accounting Principles In Finance.
What SAP Accounting Software Does. SAP accounting software is designed to streamline the collection and consolidation of accounting data, accelerate the financial close process, assist in regulatory reporting and create high-quality financial statements in accordance with necessary financial reporting standards.