When using earned value techniques,Actual Cost (AC)refers to the total of costs incurred in accomplishing work on the activity during a given period.

Name: When using earned value techniques,Actual Cost (AC)refers to the total of costs incurred in accomplishing work on the activity during a given period.
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Actual Cost (AC) is the total of costs incurred in accomplishing work on the activity during a given period. This is a fundamental concept in earned value management.

When Using Earned Value Techniques,Actual Cost (AC)refers to the Total