Snowflake AI Observability features logging of application traces and Cortex Analyst logs requests to an event table in the Snowflake database. There is a small latency of '1-2 minutes' before these logged requests are visible, making option A correct. The logs include detailed information such as 'Generated SQL' and 'Request and response bodies', which are stored and can be queried, validating option C. The necessary roles for AI Observability, including 'SNOWFLAKE.CORTEX_USER and EVENTS_LOOKUP' , are required for creating and executing runs, which implies they grant access to the generated logs for monitoring, making option D correct. Option B is incorrect as the sources do not mention an automatic 7-day purge for these logs. Option E is incorrect because the documentation includes a subheading 'Querying logs with SQL' for Cortex Analyst administrator monitoring, indicating that direct SQL access is supported.