Which body supervises all matters pertaining to chapter finances and scholarship and includes at least five volunteers and two Resident Council officers as well as non-member volunteers?

• A. Graduate Council
• B. Board of Governors
• C. Executive Offices Staff
• D. Resident Council

Answer: (B)

The key idea here is governance and oversight of chapter finances and scholarship. The body that supervises all matters pertaining to finances and scholarship at the national level is the Board of Governors. Its makeup—at least five volunteers plus two Resident Council officers and non-member volunteers—ensures broad, independent oversight with input from both members and external volunteers. This distinguishes it from other bodies: the Graduate Council tends to focus on graduate members, the Executive Offices Staff handle day-to-day administration rather than governance, and the Resident Council operates at the local chapter level rather than national financial oversight. Together, the Board of Governors’ role and diverse composition make it the appropriate supervisory body for finances and scholarship.