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<span>The period for which the budget is prepared</span> <span>The subdivisions of the main budget</span> <span>The period in which the budget is finalised</span> <span>A specific year for which the budget has been prepared</span> <img src="http://wps.pearsoned.co.uk/wps/media/styles/1480/_skins_/D/default_green/pixel.gif" alt="" width="1" height="1" /> <img src="http://wps.pearsoned.co.uk/wps/media/styles/1480/_skins_/D/default_green/ps_bkgd_lower_left.gif" alt="" width="9" height="9" />
Budgetary period is the period for which the budget is prepared. it can be a quater, semi annual or annual (which is more common) time period there is no restriction on it.