Why not I say?:
Students who enroll in a new competency-based program at Northern Arizona University will earn a second transcript, which will describe their proficiency in the online bachelor degree’s required concepts. The university will also teach students how to share their “competency report” transcripts with potential employers.
The university shared a sample version of a competency report. The document looks nothing like its traditional counterpart, and lacks courses or grades.
Here is more.