The concept which states that revenue should be recognized at the point when the sale is deemed to have been made is? by Sunday | Dec 1 | Accounting JAMB | 0 comments A. matching B. consistency C. realization D. going concern Correct Answer: Option C – realization Users Also Read These:A sound note of frequency 250 Hz and wavelength 1.3m…It is noon at Point X (longitude 00), while it is…The relationship between the marginal revenue (MR)…Revenue is recognized in the profit and loss account…The accounting principle which states that for every…