purchase price variance: The difference in price between the amount paid to the supplier and the planned or standard cost of that item.
If the actual price islowerthan the standard price, the enterprise has a favorable price variance for that item, meaning you’re saving money for your organization.Yay! If the actual price ishigherthan the standard price, then the enterprise has an unfavorable price variance for that item, whic...
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Purchase Shares has the meaning set forth in Section 2.2(a) hereof. Waiver or variance means action by the board which suspends in whole or in part the requirements or provisions of a rule as applied to an identified person on the basis of the particular circumstances of that person. For ...
Share on Facebook Purchase order (redirected fromPurchase Orders) Dictionary Thesaurus Legal Purchase order A writtenordertobuyspecified goods at a stipulated price. Copyright © 2012,Campbell R. Harvey. All Rights Reserved. An authorization that a company sends to a supplier tobuyspecified goods ...
“Variance Report” has the meaning ascribed to such term in Section 10.6(g) hereof. “Voting Stock” means with respect to any Person, (a) one (1) or more classes of Capital Stock of such Person having general voting powers to elect at least a majority of the board of directors, ma...
(\alpha\)) scores in Table3ranged from 0.801 to 0.997 and 0.754 to 0.994, respectively. The minimum values of 0.801 and 0.754 are above the acceptable threshold of 0.70, which indicates that all variables are trustworthy. In addition, the variance inflation factor (VIF) was less than 3.0 ...
Additionally, convergent validity was established, as the average variance explained (AVE) was higher than 0.50 and lower than the corresponding values for CR (see Table 4). Discriminant validity was established by checking for lower values for inter-correlations among the constructs concerning the ...
Warrant Purchase Price shall have the meaning ascribed to such term in Section 2.1(b). Over-allotment Purchase Price The Purchaser shall pay the Over-allotment Purchase Price by wire transfer of immediately available funds to the Company at least one business day prior to the Over-Allotment Closi...
(i) give rise to a variance from the current legal description of the Land, or (ii) cause the creation of any lien, charge or encumbrance other than the Permitted Exceptions, or (c) enter into any agreement to do any of the foregoing without Buyer’s prior written consent (which ...