Is it possible to setup approval rules by $approval limits based on Cost Center hierarchy?

Summary:

Approvals to be routed based on approval limits and CC hierarchy

Content (required):

I am trying to setup approval rules based on Cost Center Hierarchy, i.e if the expense report total is less than than $2K, the approval should go to the CC manager; if the total is between $2K-5K, the approval to go to the manager of the supervisor of the initial CC manager, etc.

Is this something Oracle is able to do? I am trying to find the most efficient way to achieve this.

Thanks!

Version (include the version you are using, if applicable):

21C