'Instrument' is overstating the sophistication of the device. It's a plug-in tester with a set of LEDs that light in a pattern confirming the presence of earth, live, neutral and the correct connection of the L & N. As for continuity, I haven't got a Megger or any specific electricians' tester, but I have a decent multimeter and an oscilloscope.
You need to be able to measure very low resistances and with some decent current flowing, to stress the teminations. Your multimeter will be struggling to measure tens of Ohms, with any accuracy, at a few milliamps.