Actually, the Alternator pushes AC voltage to the Rectifier/Regulator, which can be tested.
Set your DVM (Digital Volt Meter) to ~AC (voltage), and attach the leads to the yellow wires connecting to the Rectifier/Regulator (no polarity, so it doesn't matter which lead goes to which yellow wire). The Rectifier/Regulator rectifies the AC into DC, then controls the maximum voltage output to the bike, and battery (usually clamps it to a maximum of around 14.7 VDC.
If you have ~AC at the yellow wires, and less than 12.6 VDC across the battery, at 3,000 RPM, then the Alternator is working, but the Rectifier/Regulator is not. Be careful not to discharge your battery below 12 Volts -- this will damage it (deep discharge), shortening its life dramatically.
I would recommend a smart, trickle charger, like Battery Tender Jr. Keep your bike plugged into it after every ride, and your battery will live much longer. Cheers!
1979 CB750K (sold, 2012, but not forgotten)
1983 Kawasaki 440 LTD Belt Drive (sold, 2011)
1993 Kawasaki Voyager XII