DSST Principles of Finance exam help guide

DSST Principles of Finance is a Prometric DSST credit-by-exam title covering lower-level corporate finance knowledge. The GetCollegeCredit page and official fact sheet list form codes SS524, ST524, SY524, and SZ524; 100 questions in 2 hours; 3 lower-level baccalaureate semester hours; and a minimum score of 400. A nonprogrammable calculator is permitted. The current outline weights Financial Statements and Planning at 20%, Time Value of Money at 20%, Working Capital Management at 10%, Valuation and Characteristics of Stocks and Bonds at 8%, Capital Budgeting at 12%, Cost of Capital at 11%, Risk and Return at 12%, and International Financial Management at 7%. Preparation should emphasize financial statements, ratio analysis, taxes, present and future value, annuities, EAR and APR, cash budgets, inventory and receivables, bonds and stock characteristics, project cash flows, NPV, payback, ARR, IRR, break-even and sensitivity analysis, cost of debt and equity, WACC, expected return, standard deviation, beta, CAPM, diversification, exchange rates, currency risk, political risk, spot and forward rates, and hedging.