Once the image has been created and stored on an external HD, can I then connect that external HD to another PC which has the same Macrium software and verify that image?
I believe so, using either the Macrium Reflect user interface or the command line tool called verify.exe which you can run from an Administrator command prompt, specifying an image file or set of files. As far as I can see you can run the tool either on the original PC where you created the image, or you could plug the external HD into another PC which has verify.exe. I do not know if the tool is part of a default Macrium install, but if it is not present (probably in the Macrium program folder) you can download it from their web site.
It will return a report as follows:
Verify Success The file contained no errors.
Verify Failure The file could not be verified successfully. Try the verification process again using the Macrium Reflect user interface. This may give more information on the problem.
Backup set is incomplete. At least one file may be missing This message is displayed if the --set command line switch is used and at least one other file required to restore this file cannot be opened and/or located in the same folder.
Password Error The backup file is password protected and/or encrypted and the supplied password is not correct.
F you do not already have it, get it here, and read the instructions:
http://kb.macrium.com/KnowledgebaseArticle50176.aspx