Hi Aron,
Those were examples of the URLs full path so, https://connect.company.com/ClosedApprovedUs/.
The first variation would work as well because I wouldn't be concerned with exposing the higher level, although if https://connect.company.com/PurchaseOrders/ was tied to the default report and someone did end up there by accident it may be confusing. I can see the benefits of both, I do prefer the option of words instead of the alphanumeric bit that's added with the reports as I have to do them now. I still see this as a nice to have, we can definitely get along without it. Thanks, happy to help if you have more questions!