Is there anyone that can help me?

We've all taken exams before and I for one hate the whole idea of exams but does anyone know why exams are timed? Is the test timed because people who work fast are smarter? (programmer style?) Furthermore, these results eventually decide if you get into college or university. Upon entry, colleges and universities will also look at your school transcript but that only lists the grades you've got based on other time standardized tests. My question is, if the tests aren't supposed to show who's smarter, then what do they prove?

Any comments are greatly appreciated.

Quote of the day : I cook so badly, we pray AFTER meals