Origins of the Goins Surname. It is quite possible for two people with the Goins last name to have been given that surname for entirely different reasons.
â¢ INVENTORYING (noun). The noun INVENTORYING has 1 sense: 1. making an itemized list of merchandise or supplies on hand. Familiarity information: INVENTORYING used as a noun is very rare.
Defined. An inventory provision is typically a dollar figure companies write off for theft, spoilage, obsolete or damaged inventory. Companies use these provisions to ensure the inventory figures on the accounting books accurately reflect the physical inventory products in the company.nventory often ages and goes out of date if a company is unable to sell the products. For example, grocery stores may use provisions to account for products that go bad if not sold by a certain date. These provisions result in an expense and lower income.