First of all access to a Seloc, Clymer or Merc. factory manual is going to help you. You can get one from this website or another source of your choice such as the local public library. Does the engine run? A continuous alarm is due to overheating or lack of oil. Disconnect the oil tank switch to see if the alarm turns off. If it doesn't then disconnect the temperature switch. If neither switch shuts off the alarm then search for a wiring short in the alarm circuit.
Tachometers are one of the first gauges to malfunction. If the engine doesn't run and/or the battery won't charge the tach. problem could be related to the alternator coil which sends a pulse to the tach. to gauge the RPMs. Check the wires on the back for corrosion. There should be a few switches on the back of it. Spray a little WD-40 into each switch, remember their original settings and move the switches back and forth several times. Before replacing it make sure the alternator wiring is not corroded. If it still does not work buy a new one. You may be able to get it here. If not, send me a PM; I have a reasonably priced source for NOS gauges.
Is there a voltmeter in the dash? It would indicate whether the regulator is functioning. It is a cheap charging/battery trouble indicator and easily installed. Just connect to a ground wire and 12 volt purple wire under the dash.