Talk:purchase price variance

From Wiktionary, the free dictionary
Latest comment: 10 years ago by Msh210 in topic RFD discussion: February–April 2014
Jump to navigation Jump to search

RFD discussion: February–April 2014

[edit]

The following information has failed Wiktionary's deletion process.

It should not be re-entered without careful consideration.


= purchase price + variance ("difference between what is expected and what actually occurs")

There are many variances of this kind in cost-accounting systems, eg, of quantity, of mix, of selling price. I don't really find purchase price idiomatic, but English exists merely to serve the asserted "needs" of other languages, especially the other West Germanic ones. DCDuring TALK 20:19, 19 February 2014 (UTC)Reply

Yeah, delete. --Hekaheka (talk) 08:35, 20 February 2014 (UTC)Reply

Do not delete PPV, expand to include PPV2. — This unsigned comment was added by 65.183.156.23 (talk).

There's scant usage to be found in the web. It seems that the difference between a "standard" price and actual purchase price is called purchase price variance or PPV. Sometimes accountants use another, parallel purchase price variance to measure the difference between the purchase price and "invoice price" (whatever this means - I'm used to paying the amount that stands on the invoice. Perhaps it refers to quantity discounts and such). This parallel variance may then be called PPV2 and the "ordinary" PPV becomes PPV1. This said, I believe this is far too specific to be included in a dictionary and PPVx may mean different things in different accounting systems. I retain my delete -vote and remind that "ubiquitous network society" got deleted years ago as too specific/SOP although it could boast with 10,000 Google hits (now already 15,000). Combination "purchase price variance" + PPV2 only gets two hits. Plain "PPV2" yields all sorts of crap. --Hekaheka (talk) 19:08, 22 February 2014 (UTC)Reply
Sorry that the question caused work for you. I was hoping the anon could shed some light, perhaps relating to the mention of PeopleSoft in the Usage notes. But we might have had to do the same research anyway. Thanks. DCDuring TALK 21:47, 22 February 2014 (UTC)Reply

Deleted.​—msh210 (talk) 03:17, 1 April 2014 (UTC)Reply