PPE stands for Property, plant, and equipment. Property, plant, and equipment (PP&E) are basically the long-term fixed assets which are very important to the business operations and not easily liquidates. Property, plant, and equipment are the physical assets, and they can also be touched. The entire value of PP&E can range from very very low to exceedingly high as compared to the total assets.

BY Best Interview Question ON 09 Apr 2019