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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,。

In Procurement, Purchase Price Variance (PPV) is the difference between the standard price of a purchased material and its actual。

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。

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