Most of the SFII switches are not made to be adjusted, they are some kind of piezoelectric devices, you can clean them and check for cold solders on the switches connector...
In my pin I only found 2 broken switches, you may try to replace one of the nonworking targets with a working one to find out
About entering "TEST MODE", if you can modify the game settings we know your test button is working.
You must go to SELFTEST and wait for the RAM/ROM (cant remember) test to finish, then you can enter into the diagnostics.