Which of the following statements correctly highlight the differences between Agile and Waterfall methodologies?

Waterfall follows a sequential approach, completing each phase before moving to the next, while Agile is iterative with shorter development cycles called sprints.

In Agile, extensive documentation is emphasized at each phase, whereas Waterfall focuses more on working software over comprehensive documentation.

Agile methodology requires the final product to be developed after the complete documentation process, similar to Waterfall.

Agile is less flexible in accommodating changes once a phase is completed, while Waterfall embraces change, allowing for frequent iterations and adjustments.