Pl/sql block reading reading table data from single point in time

I am trying to figure out whether several cursors within a PL/SQL block are executed from within a Single Point In Time, and thus do not see any updates to tables made by other processes or procedures running at the same time.
The reason I am asking is since I have a block of code making some data extraction, with some initial Sanity Checks before the code executes. However, if some other procedure would be modifying the data in between, then the Sanity Check is invalid. So I am basically trying to figure out if there is some read consistency within a PL/SQL, preventing updates from other processes to be seen.
Anyone having an idea?.
BR,
Cenk

"Transaction-Level Read Consistency
Oracle also offers the option of enforcing transaction-level read consistency. When a transaction runs in serializable mode, all data accesses reflect the state of the database as of the time the transaction began. *This means that the data seen by all queries within the same transaction is consistent with respect to a single point in time, except that queries made by a serializable transaction do see changes made by the transaction itself*. Transaction-level read consistency produces repeatable reads and does not expose a query to phantoms."
http://www.oracle.com/pls/db102/search?remark=quick_search&word=read+consistency&tab_id=&format=ranked

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