We are having an argument here on what defines "annually" concerning recall practices and crisis management simulations, the following are the replies we have:
1- within a period of 12 months + or - 1 month.
2- as per the calendar (could be anywhere between 2 months (Dec'12 - Jan'13) and 24 months (Jan'12 - Dec'13)
3- as per a company fiscal yearly report - every 12 months (no more, no less)
As an auditor, I would define "yealy or annually" as being within a period of 12 months + or - 1 month.
Your input or references would be appreciated.