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.)
Delmonico steak: a mystery solved. NEW YORK, New York -- The Delmonico Steak is one of the most desirable and well-known steaks on the market. It originated between 1840 and 1850 as the house cut at Delmonico's Restaurant in lower Manhattan.