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.
Its coastal region is on the southeast, and to the east lies Somalia. Ethiopia is to the north, the Sudan to the northwest, and Uganda directly to the west. The southwestern border of the country is marked by Lake Victoria, and southward lies Tanzania. Kenya's geography is marvelously varied.While much of northeastern Kenya is a flat, bush-covered plain, the remainder of the country encompasses pristine beaches, scenic highlands and lake regions, the Great Rift Valley, and the magnificent Mount Kenya.thiopia is to the north, the Sudan to the northwest, and Uganda directly to the west. The southwestern border of the country is marked by Lake Victoria, and southward lies Tanzania. Kenya's geography is marvelously varied.