A. No, both features within the cohort are measured differently.
When looking a the time parameter of "months", it is based on the logic of a "week" being classified as 7 days. So in this case, 1 "month" would be 4 weeks or 28 days.
When looking at the "days" time parameter, you can set the exact amount of days you want the cohort builder to look back to.
Note: Both options are great tools for use when defining your audience.
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