The correct statements are: A common context to store configuration variables that are available to all functions in the application. A Docker image containing all the functions that share the same configuration. A logical group of functions. Explanation: An Oracle Functions application provides a common context for functions within the application. It allows you to store configuration variables that are accessible by all the functions in the application. Functions within the same application can share the same Docker image, which contains the common configuration and dependencies. An Oracle Functions application serves as a logical group that organizes related functions. Functions within the same application can be managed collectively, and they can interact and share resources within the application context.