I can't tell whether your field device is what the rest of the world calls a "pressure transducer", a device that converts pressure to an electronic signal (whose signal is an input signal to a PLC, going to an analog input, not an analog output.), or an I/P (eye-to-Pee, meaning current (I) to pressure (p) transducer).
I can't tell whether your module is an AI or an AO.
If your device is an I/P with an AO from the PLC then to test a 4-20mA output from a PLC AO, take a DVM, break/open the wire at the PLC AO (+) and put the positive lead from an Ampmeter or milliameter (ranged at 20mA or 200mA full scale) put the negative lead on the wire going to the transducer and see how much current the AO is producing.