Automated enforcement of data retention schedules and Preserving records for legal hold and eDiscovery requirements are correct.

Automated enforcement of data retention schedules is an advantage because it applies retention rules consistently across repositories without relying on manual processes and it reduces the risk of accidental premature deletion or inconsistent retention periods. Automation helps organizations meet regulatory timelines and scale governance across many datasets.

Preserving records for legal hold and eDiscovery requirements is an advantage because retention policies can ensure that required records are kept intact when litigation or investigations arise and they can be configured to respect legal holds so that relevant data remains available for discovery.

Cloud DLP is incorrect because it is a tool for discovering and classifying sensitive data and for enforcing data protection controls, and it is not itself a benefit provided by applying retention policies.

Reducing the chance of data exfiltration is incorrect because preventing exfiltration is primarily a security and access control function and is better addressed with access management, monitoring, and DLP controls rather than by retention policies which focus on how long data is kept.

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