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3. Under the payroll system of an organization we find several components such as HRM Department, Employees, Bank, Government Agencies, Insurance and other companies and

3. Under the payroll system of an organization we find several components such as HRM Department, Employees, Bank, Government Agencies, Insurance and other companies and various other departments. Take an example of an organization and explain the relationship of these components with reference to Payroll System of that organization

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