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.
You'll get two valuable pieces of info from this. 1  How long it takes your oven to preheat to 400ÂºF and. 2  Whether your oven is indeed giving you 400Âº and not 385Âº or 406Âº. The differences are miniscule but at least you'll know if your oven runs a little hotter than normal, less hot or right in the money.