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.
Strip steak. Grilled Kansas City strip steak topped with onions and mushrooms. The strip steak, also called a New York strip (only outside New York) or a Kansas City strip steak (US), or a sirloin steak (UK/AU/NZ/ZA), is a cut of beef steaks from the short loin from a cow.
Common Definitions Used For Delmonico Steak. Last Boneless Chuck-eye Steak Cut From IMPS/NAMP 116D. By this definition a Delmonico steak is the first 3â³ steak cut from the chuck eye, where it joins the rib-eye (i.e. the first steak cut from the extension anterior of the rib-eye). Thus, there are only two Delmonico Steaks per beef carcass â one per side.