The phrase "acknowledges the effect" is correct and usable in written English.
You can use it when discussing the recognition or acceptance of the impact or influence of something.
Example: "The report acknowledges the effect of climate change on local ecosystems."
Alternatives: "recognizes the impact" or "accepts the influence".
NASA acknowledges the effect and its attendant dangers.
He acknowledges the effect Catholicism has had on him and his writing.
Consequently, contemporary theory of knowledge acknowledges the effect of a researcher's position and perspectives, and disputes the belief of an unprejudiced observer [ 22].
This is embedded within an overall CBT model of menopausal symptoms that acknowledges the effect of stress upon the hot flush threshold.
A recent review of liraglutide by Bode acknowledges the effect, 14 but a meta-analysis on the safety of incretin-based therapies published in 2010 did not mention heart rate, 15 and neither did an overview of the LEAD trials of liraglutide by Blonde and Russell-Jones.
Michael G. Spinozzi, the senior vice president and chief marketing officer at the Borders Group, the big record and book retailer, acknowledged the effect the big discount retailers were having.
The Fed changed its wording slightly on prospects for growth and acknowledged the effect of lower prices and tame inflation.
And if he mentions the binges, it takes some prompting for him to acknowledge the effect on himself, the eldest of four sons.
Ayatollah Khamenei referred to the sanctions as "painful and crippling," according to Iranian news agencies, acknowledging the effect of recent measures aimed at cutting off Iran's Central Bank from the international financial system.
"Yes!" McDonough, a man who doesn't seem given to displaying uneasiness, answered emphatically, acknowledging the effect of Prendergast's relentless effort to pull attention to one of the world's easily ignored realms.
