Yeah, things like preparation classes can kind of turn it all into gaming the system, but on the other hand I'm quite curious what percent of people that scored e.g. perfectly on the math on the SAT actually took these classes. I did, and I never did any preparation - but I've always enjoyed and done well at math, and I think my performance was reflected in this. And I don't think somebody who had no ability or enjoyment of math is suddenly going to start scoring very well just because of some prep classes.
The former can be crammed and quickly forgotten. Not knowledge. The latter skill isn't knowledge of the relevant field.
In the less rigorous, more arty fields (shall we say) the trick is usually to flatter the examiners by firing their own opinions back at them in original ways. This can be highly skillful and requires awareness of the academic milieu. But not knowledge of the relevant field.
What counts is depth, and depth depends on semantic connections, including connections to other fields. These are all differentiated and can't be meaningfully added to yield a number, as if we were counting eggs or measuring a distance.
I took a look at chemistry, english, and CS. I noticed that there were relatively few multiple choice questions compared to American exams. All exams had a written component, and the questions seem thought out. The english test in particular seemed to actually focus on real-life use cases for language (speech writing, ad drafting, and mannerisms), which is arguably more important than what American schools typically spend all their time on (the literary essay or persuasive essay).