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[quote user="henry6"] One of the slight of hands here is how the cost is determined.  [/quote] The cost accounting rules are defined by the American Institute of Certified Public Accountants and are used by the external auditors in their annual audits of Amtrak financial statements.  Allocations, estimates, etc. require judgment, but the wiggle boundaries are fairly strict.  If Amtrak's management fails to follow generally accepted accounting principles, they are likely to find themselves facing a qualified or adverse opinion.  Clearly, they don't want this in the post Enron and Sarbanes-Oxley period.  My read of Amtrak's financial reports tells me that they follow generally accepted accounting principles, as opposed to generally accepted governmental accounting principles, and they appear to do a pretty good job of it.
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