Here i am gonna quickly explain you the difference between ScriptAlias and Alias
example:
ScriptAlias /cgi-bin / www/cgi-bin/
A request for http://mywebpage.com/cgi-bin/foobar would cause the server to run the script /www/cgi-bin/foobar. This configuration is essentially equivalent to:
Alias /cgi-bin/ /www/cgi-bin/
<Location /cgi-bin >
SetHandler cgi-script
Options +ExecCGI
</Location>
It is safer to avoid placing CGI scripts under the DocumentRoot in order to avoid accidentally revealing their source code if the configuration is ever changed.
The same is reflected in http://httpd.apache.org/docs/2.0/mod/ to know more 
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