Ok stupid question

I ticked the "cgi-bin" when creating hosting plan but when I create a website there is no cgi-bin folder created. Maybe I'm thinking to much like Apache and not IIS

I wanted to run a perk script (I installed Strawberry Perl) so I'm assuming it needs to go into a cgi-bin directory for the website?

Are we just supposed to create this folder? Or we don't need it?

Why is the "cgi-bin" option there when creating a hosting plan?

Thanks!