Principles of Finance DANTES/DSST Test

DANTES (Defense Activity for Non-Traditional Education Support) / DSST (Dantes Subject Standardized Test)

There are 438 multiple-choice practice questions and detailed explanations contained in the Practice Tests and Study Guides below.

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

Studying, and passing, the practice tests below will allow you to confidently take and pass your Principles of Finance DSST test. The overall key concepts, and specific individual points, that will allow you to pass your test are within the practice questions and detailed explanations below.

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DSST Practice Test and Study Guides - Begin your studies here # of questions
Principles of Finance 1 55
Principles of Finance 2 52
Principles of Finance 3 67
Principles of Finance 4 55
Principles of Finance 5 48
Principles of Finance 6 59
Principles of Finance 7 61
Principles of Finance 8 41

Course Information and Overview

This DSST Test consists of material typically taught in an introductory-level college course. The actual DSST Test is 100 questions and allows 120 minutes to complete.

According to Prometric this Principles of Finance Dantes/DSST Test consists of questions from the following subject areas:

  • 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

DSST Principles of Finance information is available at Prometric.