Conflicting backup schedules

[McHenry]

I have a backup job with three schedules that will occasionally conflict:

1. Daily @ 8pm
2. Monthly @ 8pm on 1st
3. Quarterly @ 8pm on 1st

Is the way to resolve this:

1. Daily @ 8:02pm
2. Monthly @ 8:01pm on 1st
3. Quarterly @ 8:00pm on 1st

My understanding is this 3 will trump 2 & 1 and 2 will trump 1

I do not think sequences can help here as the three conflicts are within the same backup job.