The Actual Cost (AC) is the total cost actually incurred and recorded in accomplishing work performed for an activity or work breakdown structure component. What is the upper limit for the AC?
A. 50% over and above the Planned Value (PV)
B. The Actual Cost (AC) is limited to the Planned Value (PV).
C. 100% over and above the Planned Value (PV)
D. There is no upper limit for the Actual Cost (AC).