Does the common set allow for sharing reference data across business units?

The correct answer is that the common set does allow for sharing reference data across business units.

In Oracle HCM Cloud, the common set refers to a centralized way of managing reference data, which includes elements such as job titles, departments, and locations. This centralized approach is designed to maintain consistency and improve efficiency across different business units within the organization. By allowing for the sharing of reference data, organizations can ensure that all business units are aligned and are working with the same set of information, which helps in streamlining operations and reporting. It also reduces redundancy and the potential for errors that can arise when each business unit manages its own separate data sets.

The other options suggest limitations or restrictions that do not align with the fundamental design of the Oracle HCM Cloud, which emphasizes integrated and cohesive data management across the enterprise.