Winston Churchill was the prime minister of the United Kingdom during much of the Second World War

Question:

Winston Churchill was the prime minister of the United Kingdom during much of the Second World War from 1940 to 1945. He was famously quoted as saying "Plans are of little importance, but planning is essential." What do you think he meant by this? Consider his comment with respect to the master budget. Do you agree or disagree? Be sure to include the impact of the master budget on planning and control.
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Cornerstones of Managerial Accounting

ISBN: 978-0176530884

2nd Canadian edition

Authors: Maryanne M. Mowen, Don Hanson, Dan L. Heitger, David McConomy, Jeffrey Pittman

Question Posted: