CPI’s internal audit function uses TeamSchedule and TeamTEC (Time and Expense Capture) to efficiently manage its time and resources. TeamSchedule enables internal audit management to schedule projects and assign resources to scheduled engagements. TeamTEC facilitates the recording, tracking, and reporting of time and expenses for engagements, administrative activities, and nonworking events such as vacations. TeamSchedule and TeamTEC can be used together by internal audit management to monitor and report on scheduled hours versus actual hours worked throughout the year as the annual internal audit plan is completed. Complete Exercise 3: TeamSchedule and TeamTEC in the TeamMate Practice Case Workbook, which is included on the accompanying website.