The phrase "acknowledge a level of" is correct and usable in written English.
You can use it when discussing recognition or acceptance of a certain degree or standard of something, often in a formal or analytical context.
Example: "In order to improve our services, we must acknowledge a level of dissatisfaction among our customers."
Alternatives: "recognize a degree of" or "accept a standard of".
Which is also to say I acknowledge there's a level of privilege in my position.
Instead, Mr. Bush acknowledged "a certain level of frustration" with the Iraqi government's failure to unify its warring ethnic factions.
Although administration officials spent much of the summer criticizing the current Iraqi prime minister, Nuri Kamal al-Maliki — in August President Bush publicly acknowledged "a certain level of frustration" with the Iraqi government's failure to unify its warring ethnic factions — the criticism has ceased.
Member validation occurred in that an overview of the findings was emailed to all participants in March 2013, who agreed and acknowledged a high level of relevance in the reported findings.
As even Mrs. Clinton's aides will acknowledge, Mr. Obama has brought a level of excitement and involvement to the campaign trail that few people involved in this contest have seen before.
Davenport acknowledged that "we have a level of concern" over possible injuries that could deplete the roster.
He acknowledged that there was a level of disenchantment among voters in many countries with the results of globalisation but argued protectionism was not the answer.
It will be a disaster,' " said Mileece, acknowledging that "there's a level of insanity that goes into a project like this".
He said it was right to give the new government a chance, but acknowledged there would be a level of mistrust among members.
And while he acknowledges that there is a level of complexity here with an ERP system you don't find with a phone app, it's still important to make it an easy update for customers.
