At least overhere in Holland the combination square is not very common. I think it only came on the market relatively late, under influence of English/American habbits or brands entering our market.
I have one, it was as cheapy (of course, I always seem to end up in the cheap corner) probably made in the far east. It wasn't very square when I got it and needed readjusting. But I use a try square all the time at the bench and the combination square leads a sheltered life in a cupboard. A trysquare is just simpler and quicker to use for most jobs.
I quit buying second hand try squares. The edges are usually worn out, not straight anymore, not very square either. So it is a good idea to check your own square from time to time. I use the method Jim posted about, usually with a piece of plywood. An undisturbed factory edge is way straight enough for me to do this test.
And yes I did the test of rotating the square around a bit of squared timber and seeing if the ends meet. But it doesn't tell if the timber was really square or if the square itself isn't square anymore.