The Generally Accepted Accounting Principles exist to ensure that American accountants are using the same or almost the same standards so that comparison of financial statements between or within a company is easy and accurate. They also promote transparency in accounting. The GAAP are set by the FASB.
According to the FoodTV Encyclopedia for Delmonico Steak, the Delmonico steak is a boneless top loin steak, which is also called a New York strip steak and a Kansas City strip steak. (With the bone in, it is usually called a club steak.)
T-Bone Steak. T-bone steaks are an outstanding steak. They are very tender and tasty and are suitable for the grill or for broiling. The New York strip steak is one side and the tenderloin or fillet mignon is on the other separated by a T shaped bone.