Another interesting point is that DMMs sometimes give incorrect readings on the
DC voltage ranges if there is an unexpected large AC component present at the point being probed,
Quite some years back,I was confronted with the problem of reduced vertical scans on a TV set.(My Mother in law's TV
).
The DC supply to the vertical circuits came from an overwind on the Horizontal output transformer,plus a 1/2 wave rectifier/filter cap setup.
The voltage was supposed to be around +130 volts.
The DMM showed about +108 volts-----low,but not that low,so I went looking elsewhere.
Next weekend,I borrowed an Oscilloscope from work & started looking around.
When I looked at the "+130 volt" test point,the fault was immediately obvious---virtually unfiltered 1/2 wave rectified 15kHz!
The filter cap was dead,but the DMM (Fluke 77) read it as DC!
VK6ZGO