Time Budgets on Audit Engagements Are Not Used for Which

Multiple Choice

Time budgets on audit engagements are not used for which of the following reasons?

A) Monitor actual audit hours worked by staff on an engagement.
B) Ensure that adequate time is allocated to significant areas of the audit.
C) Estimate an appropriate fee for the engagement.
D) To ensure that audit staff working on the engagement are paid the correct amount.