Sounds good.
For the first test (10M90S / DN2540), I run these with a little less current these days (you don't need to). I don't have the schematic for this board in front of me, but I thought the set resistor for this was around 3K. Is that R1?
On the second test, you could also put the (-) on ground and then check the voltage at pin 6 of the reference from ground to pin 6. As long as the voltage reference is in the right orientation and functioning, this will work. I don't do this test unless it's not regulating (low voltage test above). That being said, if the reference is in backwards, things will pop.