Which statement is true about the data retention policy in NetApp SaaS Backup for Microsoft 365?

The statement about the data retention policy in NetApp SaaS Backup for Microsoft 365 being adjustable per service is accurate. This flexibility is critical because different types of data and services within Microsoft 365 may have varying compliance and operational requirements. For instance, emails in Exchange might require a different retention timeline compared to documents stored in SharePoint or OneDrive. By allowing individual retention settings for each service, organizations can tailor their data management strategies according to their specific needs, ensuring that they can comply with regulations and internal policies effectively.

This capability enhances the overall data governance approach, permitting organizations to manage risks associated with data loss while optimizing storage usage over time. The other options suggest more rigid policies or limitations that do not reflect the customizable nature of the retention settings available in NetApp SaaS Backup.