Deposits should be available on payday morning, and payroll staff must act immediately if there is an issue.
Telling the employee to wait until midnight (B) is incorrect because it delays action and could lead to compliance issues.
Reference:
NACHA Direct Deposit Guidelines
Payroll Banking & Deposit Compliance Guide (Payroll.org)

* Form 945 is used for reporting federal income tax withheld from nonwage payments, such as:
* Pension distributions
* Gambling winnings
* Certain annuities
* Form 941 (B) is for employment taxes on wages.
* Form 940 (A) is for FUTA taxes.
References:
* IRS Form 945 Instructions
* IRS Withholding Rules

Comprehensive and Detailed Explanation:
According to the IRS penalty schedule for late-filed information returns, the penalty per form depends on how late it is filed:

Option A ($60.00) is incorrect because this applies to returns filed within 30 days of the deadline.
Option B ($120.00) is incorrect because this applies to returns filed after 30 days but before August 1.
Option D ($630.00) is incorrect because this applies to cases of intentional non-compliance.
Reference:
IRS Instructions for Forms W-2 & 1099 - Late Filing Penalties
Payroll.org - Compliance with Information Return Filing Deadlines

The employee master file contains essential payroll data, including DOB, SSN, and address.
Marital status is typically recorded on tax withholding forms (e.g., Form W-4) but is not a standard master file entry.
Reference:
Payroll Data Management Standards (Payroll.org)