What is SuiteScript 2.0?

SuiteScript 2.0 is indeed an enhanced API that offers improved performance over its predecessor, SuiteScript 1.0. It was designed to provide developers with a more efficient and powerful scripting environment for customizing and automating various processes within the NetSuite platform. The enhancements in SuiteScript 2.0 include better modularization, improved performance due to the use of asynchronous calls, and a more user-friendly scripting experience. This allows developers to create more complex and sophisticated scripts that can improve the functionality and usability of the NetSuite application for end-users.

The other options do not accurately represent SuiteScript 2.0. It is not an outdated version; in fact, it is the current iteration that offers significant advancements. It is not limited to financial reporting, nor is it a tool specifically for developing physical products; rather, its primary role centers around customizing and extending the functionality of NetSuite through scripting.