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.
Report Abuse. For most ovens it takes about 10 minutes or so to warm up. I don't know if there is a difference in a gas or electric oven. I would thing that it would be around about the same time give or take a few minutes.ost standard electric cookers can take up to 15 minutes! A fan assisted oven slightly less.. Some say (myself included) that a gas cooker needs little or no time to warm up.