If you can easily get to the back, do so, after removing power from the oven. I can sometimes remove the screws holding the element and slide it out, but sometimes it can get snagged or the wires may be too short, so I usually go to the back. Take one lead off the bake element, set your ohm meter to read RX1 and check across the bake element terminals. Depending on the wattage of the element, you could calcuate the OHms using OHMs Law, but if you get any continuity at all, the element is probably OK and the clock is the likely culprit. The reason I like to take the back off is because they sometimes put a hi-limit thermostat on the back of the range which is in series with the bake element. Having the back exposed allows you the luxury of ruling this out at the same time and focusing on the issue.
Most GE bake elements are around 4500 watts so, 4500 divided into 2402