True or False: The REST API uses a stateless protocol and standard operations with significant cost overhead.

The statement is false because while the REST API does use a stateless protocol and adheres to standard operations—such as GET, POST, PUT, and DELETE—it does not have significant cost overhead in its usual implementation. REST is designed to be lightweight and efficient, which generally leads to lower overhead compared to other protocols that may maintain state information or involve complex transaction handling.

Additionally, the design choice of using standard HTTP methods allows for a straightforward approach to communication, enabling easier integration and resource management. Thus, when evaluating REST APIs generally, the focus is on their ability to minimize overhead while promoting scalability and ease of use.

In contrast, the context around data retrieval and submission does not support the notion of high overhead as a characteristic of the REST API; rather, its efficiency is one of the primary reasons why it is widely adopted in various applications, including those in Splunk Cloud.