You can still look for opens and shorts by measuring voltages. Or use a continuity checker. Your DVM likely has one, but I use one consisting of 2 AA batteries and a flashlight bulb.Well I would usually be looking for a short or open , so i would have been just seeing if there WAS a reading.
I use it to check transistor junctions, diodes, LEDs, and continuity.

This particular tester was purchased at Home Depot as part of a package of testers. My original tester, that I still have, is the type I used when I was a technician at HP.
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