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.)
Some of the steak cuts now commonly referred to as Delmonico steak include : 1 ) a bone-in top loin steak ( a triangular-shaped , short loin cut , some suggesting the first cut of the top loin next to the rib end ) also known as a club steak , country club steak , shell steak , and strip loin steak ; 2 ) a boneless or bone-in rib-eye steak ( some ...