I haven't taken that one but I would definitely try CLEP's official study guide, it should it give you a very good picture on where you stand (and it wouldn't be a bad deal considering the 12 credits you're shooting for).
I would also guess that if you're comfortable in understanding spoken and written everyday German then you should be alright.
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Excelsior BS - MIS (107 credits in the bank)
Courses in progress:
Penn Foster English Composition, Financial Management
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