These two settings seem to contradict each other. One forces plan parameterization so that only one plan gets created. The other allows for multiple plans
If you have Parameterization = forced, should parameter sniffing be false, or does one take precedence?
Additional details
Regarding the comments below, parameter sniffing is a database scoped option as of SS 2016. (was a surprise to me too). See also: SQLShack: SQL Server 2016 Parameter Sniffing