A CONSTRUCTION COMPANY IS BEING MEASURED BY THE EARNED VALUE REPOR...

25. A construction company is being measured by the earned value report-ing method. During the project one of the tasks, installing ten elm trees,was completed. The planned value for this task was $4,000, and it wascompleted two weeks ago. Unfortunately for the contractor, maple treesshould have been planted. The customer insists that maple trees beplanted and that the elm trees be removed. As of this time the elm treesare still in the ground, but the contractor has agreed to do the workof replacing them. What action should be taken on the earned valuereport?a. Reduce PV by $4,000b. Reduce AC by $4,000c. Reduce EV by $4,000d. Make no changes since the vendor has agreed to fix the problem