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.
Steak is beef, the only difference is that there are different kinds of steaks such as the t-bone, ribeye, porterhouse, new york strip, etc...teak is beef, the only difference is that there are different kinds of steaks such as the t-bone, ribeye, porterhouse, new york strip, etc...