Explanation:

To validate whether an audit log retention policy will apply to the intended entries, you should configure the following fields:
# Date and time range (UTC) ensures that you are searching for audit logs within the time period when the policy should be applied. Audit logs are time-sensitive, and policies affect logs based on their timestamp.
# Record types allows you to filter and search for specific audit log categories (e.g., Exchange, SharePoint, Teams, etc.) that are affected by the retention policy. Selecting the correct record type ensures that the policy is evaluated against the relevant data.