How does Splunk handle data retention and licensing usage?

How does Splunk handle data retention and licensing usage?

• A. Licensing is based on daily data indexed; retention policies determine how long data remains in the index, with archiving or deletion as needed.
• B. Licensing is based on total data stored in all indexes.
• C. Retention policies have no effect on licensing.
• D. Archiving data is not supported in Splunk.

Answer: (A)