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.
Heating the Oven First. Most of the appliances manufacturers recommend that you heat a new oven to about 400 degrees for 30 minutes to help remove any chemical residues from the surface inside the oven. Again this process may have to be repeated several times to get completely rid of the nasty smell.