The finance committee submitted ------ annual update to the CEO and all stockholders.
A) it's
B) its'
C) its

Question

The finance committee submitted ------ annual update to the CEO and all stockholders.
A) ​it's
B) ​its'
C) ​its

Quizplus · Accepted Answer

The sentence requires a possessive pronoun to indicate which annual update is being referred to. "Its" is the correct possessive form of "it." "It's" is a contraction of "it is" and does not make sense in the context of the sentence. "Its'" is an incorrect form of possessive pronoun.

The Finance Committee Submitted ------ Annual Update to the CEO