Profits are recognized when goods are sold. What concept is this? by Sunday | Jun 5 | Accounting WAEC | 0 comments A. realization B. matching C. periodicity D. going concerned Correct Answer: Option A A. realization Users Also Read These:The two recognized accounting bases are?Bosun bought goods worth N500 and sold it at a…Yinka bought goods worth N800.00 and sold at a…The concept which seeks to prevent profits from…The climatic belts recognized by the Greek were?