1. Adobe Campaign Classic v7 Documentation - Delivery templates:
Section: Platform > Templates > Delivery templates
Content: "Delivery templates let you define the main characteristics of a delivery and save them to be reused for future deliveries... All the parameters saved in the template will be duplicated in the deliveries created from it." This establishes that properties are inherited. The "Execution folder" is one such property configured in the delivery's properties tab
which is part of the template's configuration.
2. Adobe Campaign Classic v7 Documentation - Delivery properties:
Section: Get started with deliveries > Prepare and send a delivery > Delivery properties
Content: The "Properties" tab of a delivery allows the user to define its label
internal name
and the execution folder where it is created and stored. When a delivery is created from a template
this folder is pre-populated from the template's settings
automating the storage process.