The real accounting issue in net income recognition is the

A) quantity of income recognized.
B) type of income recognized.
C) timing of the recognition.
D) basis of net income recognition.

The timing of the recognition of net income is the real accounting issue in net income recognition. This is because recognizing income at the wrong time can lead to financial statements that do not accurately reflect the financial position of the company. For example, recognizing revenue too early can inflate profits in one period, only to result in a shortfall in future periods. Therefore, determining the correct timing of recognition is crucial for accurate financial reporting.