When Comparing Activity-Based Costing (ABC) and the Theory of Constraints

Multiple Choice

When comparing Activity-based costing (ABC) and the Theory of Constraints (TOC) , the approach each method takes toward profitability analysis is:

A) TOC takes a short-term approach and ABC takes a long-term approach.
B) TOC takes a long-term approach and ABC takes a short-term approach.
C) Both TOC and ABC take a short-term approach.
D) Both TOC and ABC take a long-term approach.