The Snowflake storage layer is responsible for storing data in an optimized, compressed, columnar format. This includes micro-partitions, which are the fundamental storage units that contain the actual data stored in Snowflake. Additionally, persisted query results, which are the results of queries that have been materialized and stored for future use, are also kept within this layer. This design allows for efficient data retrieval and management within the Snowflake architecture1.
Reference:
[COF-C02] SnowPro Core Certification Exam Study Guide
Key Concepts & Architecture | Snowflake Documentation2

The ACCOUNTADMIN role is required for a user to create and manage accounts in Snowflake. This role has the highest level of privileges and is responsible for managing all aspects of the Snowflake account, including the ability to create and manage other user accounts1.
https://docs.snowflake.com/en/user-guide/security-access-control-considerations.html

When unloading data, the Parquet file format is known for its efficiency in preserving the data values for floating-point number columns. Parquet is a columnar storage file format that offers high compression ratios and efficient data encoding schemes. It is especially effective for floating-point data, as it maintains high precision and supports efficient querying and analysis.
Reference:
Snowflake Documentation: Using the Parquet File Format for Unloading Data

In Snowflake, a namespace is comprised of a database and a schema. The combination of a database and schema uniquely identifies database objects within an account

In the Admin area of Snowsight, users can analyze query performance, manage Snowflake warehouses, set up and view details about resource monitors, manage users and roles, and administer Snowflake accounts in their organization2.