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.
To heat up fully to the degrees specified (preheat) you should allow 15 minutes from when you turned the oven on.So that way it has already reached the temperature it needs to be for baking rather than just being warm.o heat up fully to the degrees specified (preheat) you should allow 15 minutes from when you turned the oven on.