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A positive PPV means that the actual price that the company paid is higher than their anticipated price A negative PPV, on the other hand, means that the actual cost is lower than the budgeted one. Negative variance means。

Positive PPV: Occurs when you spend less than expected. Imagine you are planning to buy a laptop for $800, but the price drops to $750 ppv finance meaningby the time you purchase. This。

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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