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Purchase Price Variance (PPV) is the financial discrepancy between the actual price paid for an item and its predetermined standard price, multiplied by the quantity purchased. This variance is key in procurement,。

Purchase price variance (PPV) measures the difference between the actual price paid for goods/services and the standard price. Favorable PPV indicates cost savings through effective sourcing and。

Purchase Price Variance (PPV) is a key performance indicator (KPI) that procurement specialists and finance professionals use to monitor cost efficiency in purchasing activities. It measures。

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