Game Options have no effect on Time Attack.

1-Player only.
You can choose any fighter, any costume, and any weapon.
You CANNOT pause the game.
You CANNOT continue after being defeated twice in stages 1-7 or once in stage 8.
You MUST complete all 8 stages and defeat Inferno three times in the 8th stage.
You MUST allow the Clear Time to be shown on the records screen at the end.

The gamer may skip through cut scenes.