Which of the following is NOT a component of memory function related to the hippocampus?

The correct choice highlights the role of the hippocampus concerning memory functions. The hippocampus is critically involved in long-term memory consolidation, spatial navigation, and new memory formation. These aspects are foundational to its functions; for instance, the hippocampus aids in transferring short-term memories into long-term storage and is also essential for the formation of new memories.

The function of short-term memory retrieval, however, primarily resides in the prefrontal cortex and other areas of the brain rather than the hippocampus. Short-term memory is characterized by its temporary nature and is more linked to immediate recall rather than the longer-term processes that the hippocampus is known to manage. Therefore, the correct answer emphasizes that short-term memory retrieval is not a function directly associated with the hippocampus.