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Correct is A OR A and B:
Explanation:
A. They are read-only - This is true. Formula fields are calculated fields that display a value based on a formula. The value displayed in a formula field is read-only and cannot be edited directly.
B. They will not display on record edit pages - This is not always true. Formula fields can be added to record edit pages, but they will be read-only.
C. They will not display on record detail pages - This is not true. Formula fields are often added to record detail pages to display calculated values or to provide additional information to users.
D. They are not searchable - This is not true. Formula fields can be used in search filters and can be included in search results.
E. They will not display on reports - This is not true. Formula fields can be included in reports, and they can be used in report filters, groupings, and calculations.
Only A and D are correct!