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.
In SAP, Duke's accounting system, the general term for the account code is cost object. The cost object is further broken into three kinds of codes: cost center, a profit center, and WBS (Work Breakdown Structure) element.