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Denying that one of its many irregularities had been the long-term mismanaging of company funds, the AD & M company produced clear evidence to back its claim.
Correct Answer: A
Explanation/Reference: Explanation: The best answer is A. The singular pronoun its agrees in number with the singular noun referent AD & M; the past perfect verb form had been is used appropriately to refer to an action completed prior to the action of the simple past tense produced.