Answer: False

The correct answer is False because Snowflake supports compression for multiple file formats during data unloading, not just JSON and CSV. According to Snowflake documentation and the community discussion with high upvotes, Parquet files can also be compressed during unloading. The COPY INTO LOCATION command documentation confirms that CSV, JSON, and Parquet formats support compression options. Comments with high upvotes (e.g., 6 upvotes for lakediver's comment citing official docs) reinforce that Parquet is included, making the statement 'only JSON and CSV' incorrect. While some comments incorrectly suggested only CSV and JSON (e.g., Shushmita's comment with 1 upvote), the consensus and official documentation support that Parquet is also compressible during unloading.

Author: LeetQuiz Editorial Team