The phrase "acknowledge a situation" is correct and usable in written English.
It can be used when referring to recognizing or accepting the existence of a particular circumstance or condition.
Example: "In order to move forward, we must first acknowledge the situation and its implications."
Alternatives: "recognize a situation" or "accept a situation".
Click, Do Not Click Symantec, the utility-software maker, acknowledges a "situation" that presents itself when users install its Norton AntiVirus software on computers that use the Windows NT operating system.
"It is," he acknowledges, "a slightly bizarre situation – a situation I've never previously encountered or had any reason to worry about.
While acknowledging an uncomfortable situation, the president said he would continue to "follow a policy of cooperation, dialogue and tolerance".
When resources are limited, the Society acknowledges that a situation might arise where "providing a disproportionate share of a health care system's limited resources to one patient may make resources unavailable to meet the needs of other patients.
At first, Pachuca only acknowledged a "delicate but stable" situation in a news release.
Matazzoni, the senior producer, acknowledges "a continuing sticky economic situation". The Los Angeles Review of Books relies on the University of California, Riverside for office space — Tom Lutz, a creative writing professor there, is editor-in-chief — and is seeking donors in order to reach its goal of publishing a print version in early 2012.
Though many in the beleaguered retail sector are loath to discuss or even acknowledge the situation openly, a few were candid about the bonanza.
But when asked about the situation, they acknowledged a problem.
Two things: one, acknowledging how awkward a situation is has never made a situation less awkward in human history.
They acknowledged that such a situation could jeopardise patients' privacy/confidentiality.
