What are the major liabilities of Jb HI-Fi limited at the end of the financial year? QUESTION NO: 3 What items are included under heading "Provisions" in the current liabilities section of the statement of financial position (balance sheet)? Explain the nature of these items. Do these satisfy the definition of provisions as contained in IAS 37/AASB137? BY how much have liabilities for employee benefits increased over the year? REQUIRED: 500 – 750 word contribution per student in the group - Word .doc or .docx Title page, appropriate headings and sub-headings, recommendations, reference list (Harvard – Anglia style)