The meaning of cognition I believe is the process of obtaining knowledge and understanding through thought, senses, and experience.
It is acquiring knowledge and understanding through the sensors or experience.
**FINANCE** Indicate whether the variance is favorable (F) or unfavorable (U).
Budgeted Income Amount $500.00
Actual Amount $400.00
When actual income is less than the budgeted amount, the variance is ...
... (U) unfavorable.
_____
In most cases, it is a favorable situation to have more income than planned for. On the other hand, if you planned on spending the budgeted amount, but your income fell short, you end up in quite an unfavorable situation.