https://docs.snowflake.com/en/user-guide/tag-based-masking-policies#considerations

Zero-copy cloning is a Snowflake feature that can be used to save quarter-end financial results for the previous six years. Zero-copy cloning allows creating a copy of a database, schema, table, or view without duplicating the data or metadata. The clone shares the same data files as the original object, but tracks any changes made to the clone or the original separately. Zero-copy cloning can be used to create snapshots of data at different points in time, such as quarter-end financial results, and preserve them for future analysis or comparison. Zero-copy cloning is fast, efficient, and does not consume any additional storage space unless the data is modified1.
References:
* Zero-Copy Cloning | Snowflake Documentation

This is the correct answer because it allows the ORDER_ADMIN role to perform the data cleanup without needing the DELETE privilege on the ORDERS table. A stored procedure is a feature that allows scheduling and executing SQL statements or stored procedures in Snowflake. A stored procedure can run with either the caller's rights or the owner's rights. A caller's rights stored procedure runs with the privileges of the role that called the stored procedure, while an owner's rights stored procedure runs with the privileges of the role that created the stored procedure. By creating a stored procedure that runs with owner's rights, the ORDER_MANAGER role can delegate the specific task of deleting old data to the ORDER_ADMIN role, without granting the ORDER_ADMIN role more general privileges on the ORDERS table. The stored procedure must include the appropriate business logic to delete only the records older than 5 years, and the ORDER_MANAGER role must grant the USAGE privilege on the stored procedure to the ORDER_ADMIN role. The ORDER_ADMIN role can then execute the stored procedure to perform the data cleanup12.
Reference:
Snowflake Documentation: Stored Procedures
Snowflake Documentation: Understanding Caller's Rights and Owner's Rights Stored Procedures

* The correct answer is D because the CURRENT_TIME function returns the current timestamp at the start of the statement execution, not at the time of the record insertion. Therefore, if the load operation takes some time to complete, the CURRENT_TIME value may be earlier than the actual load time.
* Option A is incorrect because the parameter setup mismatches do not affect the timestamp values. The parameters are used to control the behavior and performance of the load operation, such as the file
* format, the error handling, the purge option, etc.
* Option B is incorrect because the Snowflake timezone parameter and the cloud provider's parameters are independent of each other. The Snowflake timezone parameter determines the session timezone for displaying and converting timestamp values, while the cloud provider's parameters determine the physical location and configuration of the storage and compute resources.
* Option C is incorrect because the localtimestamp and systimestamp functions are not relevant for the Snowpipe load operation. The localtimestamp function returns the current timestamp in the session timezone, while the systimestamp function returns the current timestamp in the system timezone.
Neither of them reflect the actual load time of the records. References:
* Snowflake Documentation: Loading Data Using Snowpipe: This document explains how to use Snowpipe to continuously load data from external sources into Snowflake tables. It also describes the syntax and usage of the COPY INTO command, which supports various options and parameters to control the loading behavior.
* Snowflake Documentation: Date and Time Data Types and Functions: This document explains the different data types and functions for working with date and time values in Snowflake. It also describes how to set and change the session timezone and the system timezone.
* Snowflake Documentation: Querying Metadata: This document explains how to query the metadata of the objects and operations in Snowflake using various functions, views, and tables. It also describes how to access the copy history information using the COPY_HISTORY function or the COPY_HISTORY view.