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 climatic belts recognized by the Greek were?The concept which states that revenue should be…The assumption that a business has perpetual…The two recognized accounting bases are?The concept which seeks to prevent profits from…