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.
Instructions. Place one rack in the center of the oven. Remove the other racks from the oven, if you wish. Turn the oven at a common cooking temperature, such as either 325 or 350 degrees. Wait about five to 10 minutes so your oven preheats.The time you wait depends on how long it normally takes your oven to preheat.Put on the oven mitt. Open the oven. Hang the oven thermometer somewhere in the center part of the rack.urn the oven at a common cooking temperature, such as either 325 or 350 degrees. Wait about five to 10 minutes so your oven preheats. The time you wait depends on how long it normally takes your oven to preheat. Put on the oven mitt. Open the oven. Hang the oven thermometer somewhere in the center part of the rack.