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What's the significance difference between the beam - Standard and Numeric shape type

Hello,
I would like to know the difference between the two option ( Standard vs Numeric) available in beam panel. These below are my understanding.
  1. standard type- i can able to create the standard shapes that are available from the library
  2. Numeric type- Instead of creating cross section geometry, i can able to give the physical property values as a input.
 
Apart from this, is there any difference is there between these two types of beam C/S and output (stress recovery points.. ) will be the same for both methods ?