favorable variance. A difference between an actual cost and a budgeted or standard cost, and the actual cost is the lesser amount. In the case of revenues, a favorable variance occurs when the actual revenues are greater than the budgeted or standard revenues.
Kenya lies across the equator in east-central Africa, on the coast of the Indian Ocean. It is twice the size of Nevada.Kenya borders Somalia to the east, Ethiopia to the north, Tanzania to the south, Uganda to the west, and Sudan to the northwest.enya lies across the equator in east-central Africa, on the coast of the Indian Ocean. It is twice the size of Nevada.
Coverage of the regionâs physical and human geography can be found in the article Africa. For discussion of the physical and human geography of individual countries in the region and of their late colonial and postcolonial history, see Djibouti, Eritrea, Ethiopia, Kenya, Somalia, Tanzania, and Uganda.