Phantom employees are fraudulent payroll entries where salaries are paid to non-existent or inactive employees.
Option A, C, and D are examples of phantom employees.
Option B (Remote employees not required to record time) is NOT a phantom employee, as long as they are legitimate workers.
Reference:
Payroll Fraud Prevention, IRS
Payroll Audit Techniques Guide (IRS Publication)

Comprehensive and Detailed Explanation:Acredit balancemeans an accountnormally holds a liability or revenue amount.
* Accounts Payable (Option A)representsamounts owedto vendors, which is aliability accountandnormally has a credit balance.
* Option B (Cash)is incorrect because cash is anasset accountandtypically has a debit balance.
* Option C (Office Equipment)is incorrect because it is afixed assetand alsohas a debit balance.
* Option D (Prepaid Expenses)is incorrect because prepaid expenses areassetsthat aredebited when paid.
Reference:
GAAP Accounting Principles - Chart of Accounts
Payroll.org - Payroll Accounting Fundamentals

Comprehensive and Detailed Explanation:
Form 8922, Third-Party Sick Pay Recap, is used when a third-party administrator (TPA) pays sick pay on behalf of an employer and needs to report taxable wages properly.
This ensures that Social Security, Medicare, and FUTA taxes are correctly allocated between the employer and third party.
Sick pay is subject to FICA taxes, but not always subject to FUTA if paid directly by an insurer.
Option A (Form 941) is incorrect because it is used for quarterly payroll tax filings.
Option B (Form 1099) is incorrect because sick pay is reported on W-2, not 1099.
Option D (Form 1095-B) is incorrect because it relates to health coverage reporting.
Reference:
IRS Form 8922 Instructions - Third-Party Sick Pay Recap
Payroll.org - Sick Pay Taxation Guidelines

Comprehensive and Detailed Explanation:Anindependent contractoris an individual who:
* Works on aper-project basis
* Isnot under direct employer control
* Provides services to multiple clients
* Option A (Leased Employee)refers to employees hired through astaffing agency.
* Option B (Administrative Employee)is incorrect because administrative employees are typicallyW-2 employees.
* Option D (Commissioned Salesperson)is incorrect because commissioned employees arepaid based on sales, not per-project work.
Reference:
IRS - Independent Contractor vs. Employee Guidelines
Payroll.org - Worker Classification Compliance

* Only the employer's bank (C) can place a stop payment request.
* Payroll providers (B) may facilitate, but do not issue bank stops.
References:
* Payroll Banking & Direct Deposit Standards (Payroll.org)