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      #1 (permalink)  
    Old 04-25-2008, 06:38 AM
    mlwilliamsiv's Avatar
    mlwilliamsiv mlwilliamsiv is offline
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    Join Date: Nov 2007
    Location: Dayton, OH
    Posts: 361
    Smile Financial Accounting...CLEP or DSST?

    Hello everyone.

    I just finished reading the Specific Exam Feedback section on IC and I thought it was very detailed and informative. However, I am forced to make a decision as to which version I should take. The decision that I need to make is vital...hence this post.

    My goal is to receive my ASBA from TESC and graduate in December 2008. I need to have everything turned in by October 1, 2008. I have to take a Managerial Accounting course but before I do, I must take Principles of Financial Accounting because it is a pre-req to the Managerial course. I will take the Managerial course at my local community college (Sinclair Community College) but I need to register for the class no later than June 6, 2008. I really need to register right around the time that registration starts, that way I can take it at the one close to my home and not have to go downtown to the other campus location.

    I can take a CLEP anytime without hassles at the University of Phoenix...however, DANTES (DSST) test are held at the University of Dayton and you must register for these exams well in advance and mail your registration in. Unlike at University of Phoenix, which all you have to do is just show up.

    I've been getting mixed reviews about the CLEP/DSST version and I NEED to know which one should I take? I thought if I could get a vote from all you guys then I'll make my decision. But I guess....worst case scenario...if by some bad stroke of karma I fail one, I could always take the other.

    I just need to make a decision because I wanted to give myself (if I happen to need it) a solid 21 days of study time to prepare for this exam...which doesn't leave me alot of room error. I will be starting from scratch and am totally clueless about the subject matter. It's just that June is right around the corner and I'm up against the wall!!! Sppppppartans......prepare for glory!!!!!!!!!!

    Thanks in advance for your help. It is greatly appreciated. Any input on this matter will help me a great deal.

    From a loyal degree seeker,

    Marshall
    __________________
    Marshall L. Williams IV
    Excelsior College (enrolled)
    B.S. General Business (42 credits down, 78 to go)

    CLEPS:
    Social Sciences & History (60)-Principles of Management (68)-Principles of Marketing (72)-Introductory Sociology (69)-Financial Accounting (53)-Introductory Psychology (66)-Intro to Educational Psychology (56)-Human Growth & Development (59)-Analyzing & Interpreting Lit (64)

    Courses:
    Real Estate Principles & Practices (A)-Real Estate Law (A)-Real Estate Finance (A)-Real Estate Appraisal (A)-Information Literacy (B)

    Quotes:
    "What lies behind us and what lies before us are tiny matters compared to what lies within us" - Oliver Wendell Holmes
    "Things which matter most must never be at the mercy of things which matter least." - Goethe
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      #2 (permalink)  
    Old 04-25-2008, 11:09 AM
    Inwe Inwe is offline
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    Location: Midwest
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    Since you are going to TESC and getting a BSBA I am going to assume that you are taking Financial Accounting because it is one of the core business requirements. Therefore you need to take the CLEP version because TESC will count the CLEP version as ACC101/102. Meaning you will also take care of the Managerial Accounting requirement. Check their catalog www.tesc.edu/files/Catalog07(1).pdf page 106. Good Luck!
    __________________
    BSBA Marketing Thomas Edison State College-63/120

    College Math-66, College Algebra-64, Analyzing & Interpreting Literature-67, U.S. History I-66, U.S. History II-61, Information Systems & Computer Applications-59, Biology-61, DSST Introduction to Business-61, Introductory Sociology-65, Introductory Psychology-52, Principles of Microeconomics-54, Principles of Macroeconomics-47, Principles of Marketing-68, Financial Accounting-47, Introductory Business Law-62, Principles of Management-70, DSST Principles of Supervision-64, DSST Organizational Behavior-68, English Literature-61
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      #3 (permalink)  
    Old 04-25-2008, 11:44 AM
    gus gus is offline
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    Hey Inwe, are you sure this is not a mistake? I mean do you know this for a fact or is it a typo that made it into the catalog (it still mentions 6 credits so I'm thinking they must've been referring to the older clep version)?
    __________________
    Excelsior BS - MIS (113 credits in the bank)
    Courses (*still*) in progress:
    Penn Foster English Composition

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      #4 (permalink)  
    Old 04-25-2008, 12:11 PM
    Inwe Inwe is offline
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    This is their newest catalog, and it has been a while since they changed the exam, but I suppose it could be a typo. I took Financial Accounting last month, and fell short of a passing score, so I have not called to make sure. I should have quantified that...sorry.
    __________________
    BSBA Marketing Thomas Edison State College-63/120

    College Math-66, College Algebra-64, Analyzing & Interpreting Literature-67, U.S. History I-66, U.S. History II-61, Information Systems & Computer Applications-59, Biology-61, DSST Introduction to Business-61, Introductory Sociology-65, Introductory Psychology-52, Principles of Microeconomics-54, Principles of Macroeconomics-47, Principles of Marketing-68, Financial Accounting-47, Introductory Business Law-62, Principles of Management-70, DSST Principles of Supervision-64, DSST Organizational Behavior-68, English Literature-61
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      #5 (permalink)  
    Old 04-25-2008, 12:14 PM
    bmills072200 bmills072200 is offline
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    I vote for the DSST version because of the DSST prep material that is free in the study guide...it is very detailed and helpful. I have not taken the CLEP, so I cannot compare, but a lot of the actual test was covered in the DSST study guide, almost like stealing...
    __________________
    Excelsior BS - General Business - 2008
    Enrolled at Jacksonville State University - MBA - complete in 2010 (60% complete)

    121 credits...ALL DONE BABY!!!

    54 credits transfered in from prior college
    54 credits by examination
    6 credits from community college
    3 credits from CSU-Pueblo (Operations Management)
    4 credits for Information Literacy and Business Strategy from Excelsior

    CLEP:
    Principles of Macroeconomics (64)
    Principles of Microeconomics (61)
    Principles of Marketing (66)
    Principles of Management (72)
    Info Systems and Comp Applications (57)
    Introductory Business Law (65)
    Social Sciences & History (61)
    DSST:
    Principles of Supervision (58)
    Principles of Statistics (67)
    Introduction to Computing (60)
    Principles of Financial Accounting (56)
    Principles of Finance (55)
    Money and Banking (52)
    Ethics in America (66)
    Management Information Systems (58)
    ECE:
    Ethics: Theory and Practice (B)
    Organizational Behavior (C)

    GMAT: 600
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      #6 (permalink)  
    Old 04-25-2008, 06:56 PM
    jeffs34 jeffs34 is offline
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    Posts: 76
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    I spoke to an advisor that told me the CLEP only covers 101. So you still have to take the 102 class. How do I get my hands on that DSST free study guide? You may have talked me into taking that instead of CLEP. How quickly does TESC get the results when you take a DSST?
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      #7 (permalink)  
    Old 04-25-2008, 07:01 PM
    bmills072200 bmills072200 is offline
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    Both the CLEP and the DSST only give you credit for the 101 accounting...so there is no difference there...

    This is a link to the DSST study guide...

    http://www.petersons.com/pdf/free/DSST.pdf

    Let me know if I can help with anything else
    __________________
    Excelsior BS - General Business - 2008
    Enrolled at Jacksonville State University - MBA - complete in 2010 (60% complete)

    121 credits...ALL DONE BABY!!!

    54 credits transfered in from prior college
    54 credits by examination
    6 credits from community college
    3 credits from CSU-Pueblo (Operations Management)
    4 credits for Information Literacy and Business Strategy from Excelsior

    CLEP:
    Principles of Macroeconomics (64)
    Principles of Microeconomics (61)
    Principles of Marketing (66)
    Principles of Management (72)
    Info Systems and Comp Applications (57)
    Introductory Business Law (65)
    Social Sciences & History (61)
    DSST:
    Principles of Supervision (58)
    Principles of Statistics (67)
    Introduction to Computing (60)
    Principles of Financial Accounting (56)
    Principles of Finance (55)
    Money and Banking (52)
    Ethics in America (66)
    Management Information Systems (58)
    ECE:
    Ethics: Theory and Practice (B)
    Organizational Behavior (C)

    GMAT: 600
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      #8 (permalink)  
    Old 04-25-2008, 07:13 PM
    jeffs34 jeffs34 is offline
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    Join Date: Mar 2008
    Posts: 76
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    THANKS! I think I'll try doing the flash cards and study guide and take it next Saturday. So much to memorize for this one.
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      #9 (permalink)  
    Old 04-25-2008, 07:56 PM
    jeffs34 jeffs34 is offline
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    Join Date: Mar 2008
    Posts: 76
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    Did you happen to know how quickly the results get to TESC? I need to get them in time to register for Acct 102 in June.
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      #10 (permalink)  
    Old 04-25-2008, 08:55 PM
    gus gus is offline
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    Join Date: Feb 2007
    Posts: 268
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    It normally takes about 7 to 10 days for the scores to reach the designated institution, from there on, it will depend on TESC's efficiency.

    My experience with Excelsior was one week to receive the score and one day afterwards to update the evaluation.
    __________________
    Excelsior BS - MIS (113 credits in the bank)
    Courses (*still*) in progress:
    Penn Foster English Composition

    Up Next:
    ICCP Systems Development, Database Administration
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