For control and planning purposes, an annual budget is normally broken down into quarterly, monthly and weekly periods, which are dependent on the needs of the organisation and the state of the economy.

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Annual budgets are typically broken down into smaller periods, such as quarterly, monthly, and weekly, to better monitor and manage financial performance and make necessary adjustments throughout the year. The specific intervals chosen may vary based on the organization's needs and economic conditions.

For Control and Planning Purposes, an Annual Budget Is Normally