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:The accounting concept which states that expenditure…Revenue is recognized in the profit and loss account…If an economy grows at an annual rate of 5% of which…A sound note of frequency 250 Hz and wavelength 1.3m…While war has never been absent from the of…