Examlex
Which of the following is NOT one of the nine project management competencies certified by the Project Management Institute?
Incremental Borrowing Rate
The interest rate a company would have to pay if it borrows funds to finance a lease or purchase of an asset.
Discount
A reduction from the usual cost of something, often applied to incentivize purchase.
Minimum Lease Payments
The least amount over the leasing term that the lessee is obligated to pay, and which may include a residual value guarantee, taxes, fees, and interest expense.
Lease Liability
A financial obligation recorded on the lessee's balance sheet, representing the present value of remaining lease payments.
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