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The classification and normal balance of the dividends account is
Decentralization
A management strategy where decision-making powers are distributed throughout the organization rather than being concentrated in a small group or at the top level.
Authority
The right or power assigned to an individual or organization to make decisions, command, or judge.
Organization Levels
The various tiers or layers of hierarchy within an organization, categorizing employees and functions from top-level management to entry-level positions.
Staff Positions
Positions that provide technical expertise for other parts of the organization.
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