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Your team is developing a set of complex analytical queries in Snowflake that involve multiple joins, window functions, and aggregations on a large table called 'TRANSACTIONS. These queries are used to generate daily reports. The query execution times are unacceptably high, and you need to optimize them using caching techniques. You have identified that the intermediate results of certain subqueries are repeatedly used across different reports, but they are not explicitly cached. Given the following options, which combination of strategies would MOST effectively utilize Snowflake's caching capabilities to optimize these analytical queries and improve report generation time?
Correct Answer: D,E
Creating materialized views (D) for the intermediate results is the most effective approach, as Snowflake automatically manages the refresh and caching. 'CACHE RESULT (E) Provides a way to explicitly cache the results. Temporary tables (A) are session-specific and not suitable for persistent caching across reports. CTEs (B) do not guarantee caching and are primarily for query readability. 'RESULT SCAN' (C) is complex to manage and requires manual tracking of query IDs. Therefore, a combination of materialized views and CACHE RESULT will provide the best caching strategy.