QUESTION 22 Which of the following statements is true of costing systems? A process costing system would be used by manufacturers of custom-made perfumes. A job order costing system would be used by manufacturers of baking utensils A construction company would likely use a process costing system. An accounting firm would likely use a job order costing system. QUESTION 23 Managerial accounting is designed for use by: Internal users Stockbrokers External users Clients