Your client's document management system is designed to handle confidential financial records. It requires that any records not accessed within a year be automatically purged to comply with internal data retention policies. How should you configure the storage service to meet this requirement?
Activate a feature within the storage service that automatically shifts untouched files to a less expensive tier after a period of time.
Create a policy with a backup solution to discard backups of data which are beyond the specified retention period.
Establish a lifecycle rule to transition objects to a deep archival storage class after a set period if they are not accessed.
Set up a lifecycle configuration that automatically removes objects that have not been accessed for a prescribed period.