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In Scrum, is a Scrum Master position higher than a Product Owner, in terms of organizational hierarchy?

At work, there traditional organizational charts is a must, how are Scrum Masters and Product Owners placed? Do they assume an equal level? or one should be reporting to another?

In Scrum, is a Scrum Master position higher than a Product Owner, in terms of organizational hierarchy?

At work, traditional organizational charts are a must; how are Scrum Masters and Product Owners placed? Do they assume an equal level? Or should one be reporting to another?