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.)
Take a filet of beef tenderloin Coat it with pt de foie gras and a duxelles of mushrooms Wrap it in a puff pastry Now you have a dish named for Arthur Wellesley What is it? Difference between New York and tenderloin steak? A New York Strip Steak is a T-Bone steak with the tenderloin and its attached bone both removed. A tenderloin steak is the best cut of beef available and the tenderloin is remâ¦oved as a complete muscle and then cut into individual servings of a uniform thickness.