does it also work for global (i.e the hierarchical data model)?
Simple answer: yes, it sure does.
Your code implementation need to use transactions (TSTART, TCOMMIT, TROLLBACK) commands to implement ACID.
Don't forget that, in the end, using Objects and/or SQL, the code executed use globals.
Using Objects and/or SQL the framework implement transaction for you, using globals you need to implement/code it.
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