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.
Curiosity got the better of me and I decided to do a little test in my kitchen to see how long both my oven and toaster oven took to preheat to 375Â° F. Want to guess which appliance won for speed? Yep, it was my trusty Breville BOV800XL, which took less than five minutes, compared to my oven which took over 11 minutes.