(a) No, Receipts and Payment Account is not a nominal account. It is a real account (debit what comes in, credit what goes out). The primary object of preparing this account is to find out the cash position and to show receipts and payments under different heads. As, it is summary of cash transactions appearing in the Cash Book 

(b) Yes, some costs are also semi-variable costs in nature. These costs do not vary proportionately but don’t remain constant with the change in the volume of output. For example, in telephone cost, basic rental cost is fixed but call rates are vary. 

(c) Human Resource Development is a system of developing in a continuous and planned way the competencies of individual employees, dynamic groups, teams and total organisation to achieve organisational goals. It also maintain the high morale and better human relations would then be measured in terms of these more tangible criteria. 

(d) A company needs to pay for its publicity to the media owners. As the company have to pay money for communicating the new and different uses of their products which will increase the demand of the product and boost nation’s economy too. 

(e) Money is a common denominator. Money measurement concept helps to make accounting records homogeneous, relevant, simple and understandable. In other words, an event, howsoever important may be to the business, will not be recorded unless its monetary effect can be measured with a fair degree of accuracy. So, in this concept, only those transactions are recorded in accounts which can be expressed in terms of money.