Splunk Updated SPLK-1002 Exam Questions and Answers by colton

[Reference: https://docs.splunk.com/Documentation/SplunkCloud/8.0.2003/Knowledge/Defineeventtypes, When multiple event types with different color values are assigned to the same event, the color displayed for the events is determined by the priority of the event types. The priority is a numerical value that indicates how important an event type is. The higher the priority, the more important the event type. The event type with the highest priority will determine the color of the event., ]

[Reference: https://answers.splunk.com/answers/4993/eventtype-vs-saved-search.html, , An event type is a way to categorize events based on a search string that matches the events2. You can use event types to simplify your searches by replacing long or complex search strings with short and simple event type names2. An event type is more effective than a saved search when the search string needs to be used in future searches because it allows you to reuse the search string without having to remember or type it again2. Therefore, option C is correct, while options A, B and D are incorrect because they are not scenarios where an event type is more effective than a saved search.]