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Which of the following is true about Approval Hierarchies in Oracle Fusion Cloud Procurement?
Correct Answer: A
Approval Hierarchies in Oracle Fusion Cloud Procurement are used to determine the approval routing for documents. They allow you to define the sequence of individuals or positions who need to approve a document or transaction before it can proceed. They can have multiple levels of approval, are not directly related to budgetary control (option b), and can be assigned to various entities, not limited to Business Units (option c).