1. During a project, Earned Value Analysis is performed and gives the following numbers:
EV: 523,000; PV: 623,000; AC: 643,000.
Which results are correct?
A. CV: +120,000; SV: +100,000
B. CV: +100,000; SV: +120,000
C. CV: -100,000; SV: -120,000
D. CV: -120,000; SV: -100,000
Show your work. Along with your answer, define each term and explain the significance (meaning) of the solution.