The ACE (American Council on Education) recommends 3 lower level college credits for the Introductory Business Law CLEP Test.

Course Information and Overview

This exam covers material that is typically taught in an introductory-level college course. The multiple-choice CLEP exam consists of 90 questions and allows 90 minutes to complete.

In order to successfully pass this CLEP test you need to be familiar with the following:
Basic knowledge of facts and terms related to Business Law (30-35%)
Grasp of principles and concepts related to Business Law (30-35%)
Compilation and application of key concepts and knowledge to specific case problems (30%)

The Introductory Business Law CLEP exam contains questions that come from the following topics:

Constitutional Law and American Law, history and sources (5-10%)
Procedures and the legal system in the United States (5-10%)
Contracts (25-35%)
Understanding terms and definitions
Contract origination
Consideration
Capacity
Obligations, joint and otherwise
Third party contracts
Fraud statutes
Contractual scope and definitions
Breach of contract, remedies and discharge
Obligations of contracts
Illegal contracts
Legal Environment (25-30%)
Environmental law
Corporate responsibility and social obligation
Creditors’ rights and obligations
Product liability
Antitrust and securities law
Consumer protection
Business law – International
Torts (10-15%)
Other (5-10%)
Corporations and partnerships
Sales
If you’re not already a member of Mister Prep, we offer a free 10 day trial to check out our unique approach to CLEP and DSST learning. We currently offer 32 different tests to study in two unique formats. Try it out for free today!

The DSST Practice Tests we provide contain 438 multiple-choice practice test questions with study guides (detailed explanations). The ACE (American Council on Education) recommends 3 upper or lower level college credits for this exam.

The Principles of Finance DSST/DANTES exam contains questions that come from the following topics:

Financial Statements and Planning (20%)
Financial Statement Fundamentals (statements of owner’s equity, balance sheet, cash flows)
Analysis of ratios
Taxes
Time Value of Money (20%)
Values of money including Present Value and Future Value
Defining annuities
Calculating interest rates
Working Capital Management (10%)
Short and long-term funding options
Managing assets
Budgeting
Valuation and Characteristics of Stocks and Bonds (9%)
Stocks (preferred and common)
Bonds
Capital Budgeting (12%)
Forecasting and projections
Capital assets
Financial analysis and tools
Sensitivity and break-even analysis
Definitions: Net Present Value (NPV), payback, Rate of Return (RoR)
Cost of Capital (11%)
Costs of debt, costs of equity
Weighted averages of capital
Risk and Return (11%)
Measuring risk
Determining interest rates
Diversification
Definitions: Security Market Line (SML) and Capital Asset Pricing Model (CAPM)
International Financial Management (7%)
Hedging
Exchange rates
Analysis of financial markets

Complete information and a fact sheet (PDF Format) of what is covered is available from Prometric.

Access the Principles of Finance DSST Test here.

The Civil War and Reconstruction test is one of my favorite DSST tests because a lot of American students already know a lot of this material. From Generals Lee and Jackson, the North and the South, to the assassination of President Lincoln. This test is a potential easy 3 credits for anyone with an inkling for history. Preparing for this test can be done by watching the History Channel. After studying here, of course. Also, this test is worth 3 credits that can be applied to upper or lower units. That’s a bonus.

Here’s what our preparation material covers:
Practice Test Title, Number of Questions with Study Guide
Causes of the War, 49
1861, 27
1862, 64
1863, 66
1864 to May 1865, 74
Reconstruction, 37

There are 318 multiple-choice practice test questions total.

The Human Resource Management DSST/DANTES exam contains questions that come from the following topics:

Causes of the War (11%)
1861 (11%)
1862 (22%)
1863 (21%)
1864 to May 1865 (22%)
Reconstruction (13%)
More information is available from Prometric, the administrators of the test.

The ACE (American Council on Education) recommends 3 lower level college credits for this exam.

Course Information and Overview for Principles of Macroeconomics

Successfully passing this CLEP test requires knowledge and understanding of important economic concepts and terms, understanding and interpretation of economic graphs, evaluation and interpretation of economic data, and application of simple economic models.

Knowledge in the key areas of monetary policies and tools, the structure of the Federal Reserve Bank and the strategies it utilizes to stabilize the economy, foreign exchange markets, imports and exports, and appreciation and depreciation may be covered as well.

The Principles of Macroeconomics CLEP exam contains questions that come from the following topics:

Basic Economic Concepts (8-12%)
Measurement of Economic Performance (12-16%)
National Income and Price Determination (10-15%)
Financial Sector (15-20%)
Inflation, Unemployment, and Stabilization Policies (20-30%)
Economic Growth and Productivity (5-10%)
Open Economy: International Trade and Finance (10-15%)

Access the Mister Prep Principles of Macroeconomics CLEP Practice Tests or read more about the test from The College Board.

The ACE (American Council on Education) recommends 3 lower level college credits for this exam. This exam covers material that is typically taught in a semester introductory-level college course. The multiple-choice DANTES/DSST exam consists of about 80 questions and allows 90 minutes to complete.

Successfully passing this CLEP test requires knowledge and understanding of important economic concepts and terms, understanding and interpretation of economic graphs, evaluation and interpretation of economic data, and application of simple economic models.

The Principles of Microeconomics CLEP exam contains questions that come from the following topics:
Basic Economic Concepts (8-14%)
Supply and Demand (15-20%)
Theory of Consumer Choice (5-10%)
Production and Costs (10-15%)
Firm Behavior and Market Structure (25-35%)
Factor Markets (10-18%)
Market Failure and the Role of Government (12-18%)

Mister Prep’s Principles of Microeconomics CLEP Test is available here.
More information about the test is available at The College Board.

The multiple-choice DSST/Dantes exam consists of about 100 questions and allows two hours to complete.

The Human Resource Management DSST/DANTES exam contains questions that come from the following topics:
-Overview of the Human Resource Management Field (4%)
-Human Resource Planning (6%)
-Staffing (15%)
-Training and Development (11%)
-Performance Appraisals (10%)
-Compensation Issues (15%)
-Safety and Health (5%)
-Employee Rights and Discipline (5%)
-Employment Law (15%)
-Labor Relations (6%)
-International Human Resource Management (4%)
-Current Issues and Trends (4%)

This marks the 27th test available for Mister Prep. It’s historically been a test with a high success rate. Our materials are up to date and ready to study. Need more information? Check out the Prometric site for information on the Human Resource Management DSST test.

Version 2 is an advance and answer to many inquiries for a different presentation of the materials. Here’s a quick rundown of the way the CLEP and DSST test materials are offered:

The original format allows the student to read and answer a multiple choice question. At that point the student is informed whether their answer is Correct or Incorrect. A detailed explanation follows for the student to read and learn from. There is an opportunity to review the material at the end of the test.

Version 2 presents the same multiple choice questions, but doesn’t immediately inform the student whether the answer is right or wrong. The score and correct answers are shown in the ‘review’ of the material at the end of the test. So, the student can practice the multiple choice format (a key in learning to successfully take these tests) and learn the material in a realistic testing environment.

As well, if the student chooses the ‘Submit All’ option all answers are submitted whether answered or not. This will allow the student to quickly review the questions, answers, and explanations in a format without having to take the whole test.

We think it’s a great new way to learn, study, and benefit from. We hope you enjoy it and that it helps in your studies.

Please send any feedback or comments about the new format to brandon@misterprep.com

The new Version 2 tests are here.

Free CLEP and DSST Practice Tests are here in Original format and Version 2.

Thanks and happy studying!
-The Mister Prep team

The CLEP (College Level Examination Program) exam practice tests at Mister Prep contain 427 multiple-choice practice questions and detailed explanations.

The ACE (American Council on Education) recommends 6 lower level college credits for this exam. Most CLEP tests grant just 3.

Course Information and Overview

This exam covers material that is typically taught in an introductory-level college course on marketing. The multiple-choice CLEP exam consists of 60 questions and allows 90 minutes to complete.

You will need to have the ability to understand and recall information and to solve routine problems, straightforward problems, non-routine problems, and similar math objectives. As well, you should have the ability to understand regular key math concepts and apply skills related to the subjects listed below.

The typical college course related to this CLEP test would cover material such as sets, functions and graphs, probability, statistics, algebra and geometry subjects such as complex numbers and perimeter/area equations, logic, the real number system, and prime and composite number systems.

The College Mathematics CLEP contains questions that come from the following topics:

* Sets (10%)
Including intersections and unions
Venn diagrams and Cartesian product
Sets including subsets, disjoint sets, and equivalent sets
* Logic (10%)
Conditional Statements
Sufficient and necessary conditions
Implications, disjunctions, conjunctions, and negations
Truth tables
Counterexamples
Hypotheses and conclusions
* Real Number System (20%)
Composite and prime numbers
Divisibility and factors
Rational/Irrational numbers
Absolute values
Intervals (closed and open)
* Functions and Their Graphs (20%)
Graphing functions
Range and domain of graphs
Inverse functions
Functions including reflections, symmetry, and transformation
* Probability and Statistics (25%)
Conditional probability (simple)
Mean, median, mode, and range
Standard deviation
Determining probabilities with compound and simple events
Counting problems
Combinations and permutations
Data interpretation from sources such as graphs, line graphs, tables, circle graphs, histograms, and the like
* Additional Topics from Algebra and Geometry (15%)
Pythagorean theorem
Parallel and perpendicular lines
Complex and simple numbers
Perimeter and area of plane figures
Algebraic equations
Fundamental Theorem of Algebra
Remainder Theorem
Factor Theorem

Visit Mister Prep’s College Mathematics CLEP Practice Test.

And for more information visit the Collegeboard page for this test.

This exam covers material that is typically taught in an introductory-level college course on marketing. The multiple-choice CLEP exam consists of 100 questions and allows 90 minutes to complete.

You will need to have the ability to understand and recall information about the role of marketing in society and within a firm, understanding organizational and consumer markets, understanding the marketing mix and marketing institutions, international marketing, marketing research, ethics, and marketing trends related to social and cultural aspects and technological trends in marketing.

The typical college course related to this CLEP test would cover an introduction to marketing, basic marketing strategies and goals, marketing fundamentals, and major principles of marketing.

The Principles of Marketing CLEP contains questions that come from the following topics:

• Marketing and it’s Role in Society (8-13%)

Including International Marketing and for and non profit marketing
Ethics as it relates to the study and application of marketing principles

• Marketing and it’s Role in a Business or Firm (17-24%)

Including the strategies, concepts and environments of marketing
Decision and information systems
Market research and development
Key components of the marketing mix

• Marketing to Specific Targets (22-27%)

Tracking consumer behaviors
Product positioning
Market segmentation
B2B and B2C markets and differentiation

• The Marketing Mix (40-50%)

Determining product pricing and placement
Product branding
Logistics and distribution dynamics
Promotions
Marketing communications
Product management
Internet marketing and placement

Access the Mister Prep CLEP section on Principles of Marketing here.

For this segment we will be exploring just the letters E and F.

You will likely see many of these words within your CLEP study materials or on the actual tests. Either way, learning the words and definitions will help you in your college endeavors.

CLEP Vocabulary Word List (E and F)

Words beginning with E

Elegy – noun (eh luh jee)
in literature, an elegy is a mournful, melancholic or plaintive poem, especially a funeral song or a lament for the dead.; “There were many elegies written for John F. Kennedy’s untimely demise.”

Elude – verb (ee lood)
escape, either physically or mentally; “The concept of charity eluded the miserly man.”

Emulate – verb (ehm yuh layt)
to copy or imitate, especially a person; of a program or device to imitate another program or device; “Although talented, the artist could not quite emulate her mentor.”

Epochal – adj (ehp uh kuhl)
highly significant or important especially bringing about or marking the beginning of a new development or era; “The epochal decisions made by US presidents have far-reaching effects.”

Eponymous – adj (ih pahn uh muhs)
one who is referred to as eponymous is someone who gives his or her name to something; “Julian, the eponymous owner of the famous restaurant Julian’s Castle.”

Ersatz – adj (uhr sahtz)
an artificial or inferior substitute or imitation; “The ersatz coffee lacked body and taste.”

Eschew – verb (ehs choo)
shun: avoid and stay away from deliberately; stay clear of; “The pilot eschewed alcohol for his love of flying.”

Espy – verb (ehs peye)
To catch sight of; to perceive with the eyes; “The boy was relieved when he espied his father in the crowded mall.”

Excoriate – verb (ehk skohr ee ayt)
condemn: express strong disapproval of; “Sex trafficking is excoriated worldwide.”

Expound – verb (ihk spownd)
elaborate: add details, as to an account or idea; clarify the meaning of and discourse in a learned way, usually in writing; “His thesis expounded on his ideas of global business strategies.”

Extirpate – verb (ehk stuhr payt)
uproot; to destroy completely; to annihilate; “The population of Dodo birds was extirpated in 1681.”

Extrude – verb (ihk strood)
form or shape by forcing through an opening; “The molten steel was extruded into many forms for automobile production.”

Words beginning with F

Facetious – adj (fuh see shuhs)
bantering: cleverly amusing in tone; not seriously; “They laughed at his facetious political remarks.”

Facile – adj (faa suhl)
arrived at without due care or effort; lacking depth; “The solution was facile when compared to the complex problem.”

Fallacious – adj (fuh lay shuhs)
containing or based on a fallacy; based on an incorrect or misleading notion or information; “The deceitful advertising was fallacious from its inception.”

Feckless – adj (fehk lihs)
lacking purpose; without skill, ineffective, incompetent; “The feckless plumber caused more damage to the kitchen than had it been left alone.”

Fictive – adj (fihk tihv)
assumed: adopted in order to deceive; “His fictive cheerfulness fooled no one at the gloomy affair.”

Filibuster – verb (fihl ih buhs tuhr)
a legislator who gives long speeches in an effort to delay or obstruct legislation that he (or she) opposes; obstruct deliberately by delaying; “The filibuster was used in the US Senate by the minority in an effort to prevent the passage of the bloated budget.”

Flout – verb (flowt)
scoff: treat with contemptuous disregard; “The school bully flouted the established rules.”

Forgo – verb (fohr goh)
to let pass; to do without; “Tough economic times has taught many Americans to forgo some simple luxuries.”

Fortitude – noun (fohr tih tood)
determination, or sticking to what you know you should be doing; “His fortitude secured his academic standing at his university and awarded him valedictorian status.”

Fortuitous – adj (fohr too ih tuhs)
happening by chance; coincidental or accidental; “His fortuitous encounter led to a new career.”

Fulsome – adj (fool suhn)
abundant; copious; fully developed; mature; “Her fulsome introduction ran a little long.”

Furtive – adj (fuhr tihv)
stealthy; exhibiting guilty or evasive secrecy; “The furtive glances by the passerby gave the jewelry store owner pause.”