My question involves fermentation of an ale recipe into a lager. Is it possible to brew an ale recipe and then ferment it with a lager yeast at lagering temperatures? Will the fermented wort have the qualities (taste and color) of a fermented lager?
Yes you can take an ale recipe and use lager yeast at suggested temps.
As for taste, it will depend on your recipe. Yes, the yeast imparts flavor to your beer, but, you can't make a medium body ale and expect a light lager at the end.
I've done it. Tastes and smells like a lager. I liked it better than the ale version but I think I just prefer lagers. Pitch a lot of yeast if you decide to try it.