When comparing Activity$-$based costing $($ABC$)$ and the Theory of Constraints $($TOC$),$ the approach each method takes toward its main objective is:

TOC looks at the throughput margin analysis based on materials and ABC looks at all product costs.

Both TOC and ABC look at all product costs.

Both TOC and ABC look at the throughput margin analysis based on materials.

Both TOC and ABC take a long$-$term approach.

TOC takes a long$-$term approach and ABC takes a short$-$term approach.