Answer
No, the financial statements of a company won't always differ when different choices regarding the denominator-level capacity concept are made at the start of the accounting period. The choice of denominator-level capacity concept primarily affects the allocation of fixed manufacturing overhead. If there are no significant changes in production levels, inventory, or pricing, the financial statements may not show substantial differences based on this choice. However, in cases where production levels vary significantly or there are price fluctuations, the choice of capacity concept can impact financial statements.
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