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 the strip steak out to salt 45 minutes ahead of time. When you salt steak, it draws moisture out of the meat. Given enough time -- at least 40 minutes -- the salty moisture is reabsorbed, resulting in a juicy and more flavorful finished product.