Which command will create a schema without Fail-safe and will restrict object owners from passing on access to other users?
A transient schema in Snowflake is designed without a Fail-safe period, meaning it does not incur additional storage costs once it leaves Time Travel, and it is not protected by Fail-safe in the event of a data loss. The WITH MANAGED ACCESS option ensures that all privilege grants, including future grants on objects within the schema, are managed by the schema owner, thus restricting object owners from passing on access to other users1.
Reference =
* Snowflake Documentation on creating schemas1
* Snowflake Documentation on configuring access control2
* Snowflake Documentation on understanding and viewing Fail-safe3
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