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.
The Great Rift Valley, located in the western and central part of the country, is one of the striking features of the geography of Kenya. The valley divides the Kenyan highlands into east and west. The highlands are an important agricultural region of the country as they have a cool climate and a highly fertile soil.everal big and small lakes and rivers form part of the geography of Kenya. Lake Turkana is found in the northern part of the country, whereas Lake Victoria lies to its west. Other important lakes include Lake Naivasha and Lake Nakuru. There are numerous rivers in Kenya also.