You have been elected president of your university’s newly chartered accounting honor society. The society is a chapter of a national organization that has the following mission: “To promote the profession of accountancy as a career and to imbue members with high ethical standards.”

a. Determine the balanced scorecard categories that you believe would be appropriate for the honor society.
b. Under each category, determine between four and six important performance measures.
c. How would you choose benchmarks against which to compare your chapter to others of the national organization?