Final answer:
A budget allocates resources throughout the firm to assist in revenue realization.
Step-by-step explanation:
A budget allocates resources throughout the firm in order to assist in revenue realization. It is a financial plan that estimates income and expenses for a specific period of time, typically one year.
For example, a company may create a budget that allocates funds for marketing activities, production costs, employee salaries, and other expenses needed to generate revenue.
By carefully planning and monitoring the budget, the company can ensure that resources are used efficiently and effectively, contributing to the overall financial success of the firm.