- Answer: D
The retention policy is configured so that the content is protected for its lifespan (seven years from creation) and then can be deleted after that time period. However, it isn't automatically deleted unless the radio button is changed to Yes.
More information: https://docs.microsoft.com/en-us/office365/securitycompliance/retention-policies.
- Answer: C
Files are only kept for a combined total of 93 days between the site's Recycle bin and the site collection's second-stage Recycle bin. When 94 days have passed, the file will be deleted from both. However, you can contact Microsoft Support for assistance in restoring files in SharePoint Online, as long as they're within 14 days of their permanent deletion.
More information: https://support.office.com/en-us/article/restore-deleted-items-from-the-site-collection-recycle-bin-5fa924ee-16d7-487b-9a0a-021b9062d14b.