Will Common Lookup Descriptive Flexfield impact Oracle's standard functionality in other modules?

Problem Description: We're setting up a DFF (ATTRIBUTE1) using Common Lookups (see attachment for detail) for the first time. This DFF is attached to a lookup table.

The DFF's purpose is to store a constant value that is manually populated by the busines user. The value may be updated at least once each calendar year and this would be manual as well. The constant value is used by an external program for calculation purposes (if that even matters).

My question is, because we're setting up this DFF for the first time in the Common Lookups tables, is this expected to affect any of Oracle STANDARD (i.e. NOT custom) functionality? We just want to make sure we're not affecting standard tasks such as Oracle seeded order processing or Oracle seeded payment functionality