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Payroll refers to the process by which employees receive their wages or salaries from an organization. In terms of basic computer literacy, payroll involves the use of computer systems and software to efficiently manage employee compensation. It includes tracking of hours worked, calculation of wages, deduction of taxes, and issuing of paychecks or direct deposits. Payroll systems may ______ ________ _____ ___ _____ __________ ___ ______ _________ _____ _____ ______.
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