05-15-2006, 07:45 PM
For anyone planning on taking the DSST Principles of Finance test, I wanted to give out the following 3 tips:
1. Be prepared to answer a LOT of questions about NPV (Net Present Value) and know how to calculate it.
2. There are several questions regarding Options, which I was not prepared for.
3. There were at least three questions regarding EOQ, or economic ordering quantity, which I knew absolutely nothing about! So study up on that.
I don't know how many different versions there are for each test, but I imagine that all of them would have questions on all three of these areas.
Good luck!
JoAnne
1. Be prepared to answer a LOT of questions about NPV (Net Present Value) and know how to calculate it.
2. There are several questions regarding Options, which I was not prepared for.
3. There were at least three questions regarding EOQ, or economic ordering quantity, which I knew absolutely nothing about! So study up on that.
I don't know how many different versions there are for each test, but I imagine that all of them would have questions on all three of these areas.
Good luck!
JoAnne


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