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.
Kenya: A Developing Country. With the discovery of certain human fossils, some being over 3 million years old, many paleontologists believe that Kenya was the âcradle of humanity.â Currently, Kenyaâs population is comprised of over 97 percent of people of African descent with nearly 40 ethnic groups.ith the discovery of certain human fossils, some being over 3 million years old, many paleontologists believe that Kenya was the âcradle of humanity.â Currently, Kenyaâs population is comprised of over 97 percent of people of African descent with nearly 40 ethnic groups.