Well, I wouldn't say that's correct exactly. The problem with the sentence "Ann works as Bob has" is that it's not clear to me what it means. Maybe it means Ann works in the same fashion that Bob has worked in and "translates" to "Anne works as Bob has worked," in which case its grammar is actually fine, but it's not clear that it means that. I don't even really like the sentence "Ann works as Bob does," because again, I'm not sure what it means to work "as Bob works" -- I guess it means in the same way that Bob works, but it could mean at the same time that Bob works or something else. So the grammar seems fine to me, but the meaning doesn't.
Basically, auxiliary verbs when they stand alone can serve as cues to mentally repeat the main verb. So for instance, I could say "Ann works as hard as Bob always has," and the "has" would be a cue to mentally repeat "worked." I could say, "She should earn as much money as he would've if he'd taken the job," and the "would've" ("would have") would be a cue to mentally repeat the main verb "earn" ("as much as he would've (earned)").
More examples:
"I've accomplished more than she has." (The final "accomplished" is *implied* by the "has" cue --> I have accomplished more than she has accomplished.)
"I'll probably take longer than you will." (The final "take" is *implied* by the "will" cue --> I will probably take longer than you will take.)
"I acted exactly as you would have." (The final "acted" is *implied* by the "would have" cue --> I acted just as you would have acted.)
"I'm working harder than he is." (The final "working" is *implied* by the "is" cue --> I am working harder than he is working.)
Ashley Newman-Owens
GMAT Instructor
Veritas Prep
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