True or False: You can set multiple retention policies per index in Splunk Cloud.

In Splunk Cloud, each index can have only one retention policy applied to it at a time. The retention policy determines how long the indexed data is kept before being deleted automatically. This policy is configured as part of the index settings, and while you can have multiple indexes with different retention policies, you cannot assign more than one policy to a single index simultaneously.

This structure simplifies data management by allowing administrators to have distinct configurations for different types of data stored in separate indexes. For instance, you might want to retain logs for critical systems for a longer duration than logs for less critical systems. However, each individual index will follow its own specified retention policy, thus confirming that the statement is false.