If I cannot trust the measurements, it is not measurement instrument.
I think you'll find a lot of dissent on whether or not an oscilloscope is a "measurement instrument". Most of them have measurement specs in the +/-5% range.
Maybe not a
"reference measurement instrument" like a quality DMM, but many are using these newer DSOs for "measurements". Look at how folks are quoting and comparing things like AC rms noise, noise floor, bandwidth, signal level, distortion/harmonic level and so on, and many DSOs have built-in Self-Cal which improves these point-of-use measurements.
Then you have the FFT, Bode (FRA), Counter, DVM, Power Analysis, and so on features, all of which rely on some form of "measurement". We often compare our DSOs to what we consider our in-house "reference measurement instruments" just for sanity checks before any
serious "measurements".
We've found that a quality DMM (KS34465A, DMM6500), and modern good AWG (SDG2042X, SDG6022X) and a inexpensive GPSDO (BH3SAP) as
good enough "measurement reference sources" for checking up on our in-house DSOs.
Anyway, the +-5% seems conservative for most "measurements", and of course depends on the "measurement'" task performed.
Best