Will getting a degree by testing out allow me to get an entry level job?

[pegasus]

I don't think anyone in the world needs to know (or likely cares) that you tested out of basic classes such as social sciences and philosophy. I also think the online stigma is rapidly fading, although you still need to be wary of known degree mills that advertise broadly. As has been pointed out, regional accreditation is the highest for a given college or university. From there you need to look at your individual program. For example, many degree programs are essentially worthless sans ABET accreditation of the specific degree itself (so not like regional accreditation of the school, which is a prerequisite for ABET program-level accreditation).