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.
Located on the eastern part of the African continent, Kenya is bordered by Tanzania in the southwest and Indian Ocean in the southeast. Sudan and Ethiopia lie to the north and Uganda to the west, while Somalia lies to the east of the geographical location of Kenya. Lake Victoria also lies to the west of Kenya. The geographical coordinates of the country are Latitude 4 North to 4 South and Longitude 34 East to 41 East.