Would this be OK

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It looks fine. Bias is normally set at about 125 mA, sometimes more, sometimes less.
As it is DC, you don't need to worry about the poor frequency response of a non-true RMS meter. If it is a BJT amp, you are usually just measuring voltage across the .22 Ohm emitter resistors. If a MOSFET sometimes you replace a fuse with the meter and read current.

You should not be adjusting offset. It should be designed in. Sometimes you can adjust symmetry, which to do correctly required a spectrum analyzer or distortion meter.
 
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