False : Separate and distinct from Time Travel, Fail-safe ensures historical data is protected in the event of a system failure or other catastrophic event, e.g. a hardware failure or security breach. Fail safe feature cannot be enabled or disabled from the user end .
The account administrators in Snowflake have the ability to disable fail-safe storage if needed. Disabling fail-safe storage can be done at the account level, and it affects all tables within the account. This action should be taken with caution as it removes the ability to recover data to any point in time within the retention period.
B is correct answer, as fail-safe is non configurable, however, we can say indirectly yes because transient database/schema and tables are not having fail-safe option.
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