Is standard Purging Jobs(>2years transactional data) Mark for Purge before moving to Archieve Schema

Summary:

There are standard out-of-the-box jobs, which are scheduled weekly for purging 2 years old transactional data and moving it to the Archive schema.

Does this standard job update the 'Mark for Purge' column as 'Y' to those eligible transactional data?

Can we identify those transactional data with 'Mark For Purge' column as "Y" before moving to Archive schema?

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