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.
When your oven finishes preheating its burner will go off. This is easier to check in an electric oven where the element is visible inside the oven. If the oven doesn't have a light on its control panel that turns on and off with the burner then the best solution is to get an oven thermometer. How long it takes depends on how hot it has to get, what its power rating is and the temperature in the room. You might not believe it, but some foods can taste different, and look different if you do not preheat the oven.