Final answer:
Another term for 'profit recognition' is 'profit realization,' which is the point when profit is considered to have been earned and can be recorded in financial statements.
Step-by-step explanation:
In accounting and business, another term used for 'profit recognition' is d) Profit realization. Profit recognition is a concept that refers to the point in time when profit is considered to have been earned and can be reflected in the financial statements. Profit realization involves recognizing revenues when they are earned and can be measured reliably, which is a key principle in accrual-based accounting. Despite there being different approaches to recognizing profit, the choice of when to recognize profit can have significant implications for a company's financial performance reporting.