Hi
There are a lot of fundamental questions here, more than what it would take to easily answer here.
The good news is that all these, and more, questions, issues, fundamentals are answered in the NI Signal Generators Help File under the Fundamentals topic. The current contents have been included with niFGen since version 2.0, 2.3 being the most current version of the driver. You can find the files (on a Windows PC) under Start>>Programs>>National Instruments>>NI-FGEN>>Documentation
Jerry