The result is that the fund balance you see in the financial statements may not mean what you think it means. Fund Balance Basics. Most simply, fund balance is the difference between assets and liabilities in a governmental fund.
Best Answer: It all depends on the condition of the oven elements and the condition of the other electrical components. As they age, they break down and it takes longer and longer to preheat. I would say, for a new stove, maybe 10 minutes. For an old stove it may be 15 - 20 minutes.
My Oven Takes 20 Minutes to Preheat. I have a fairly new gas Maytag oven (not fancy) and it takes maybe 15 minutes to get up to 425. However, you probably don't need to wait to get to top temp before you start cooking. Most recipes won't be hurt by going into the oven when it is 200 and working up to 350.