A. Lower-level management reports are typically for shorter time periods.

B. Top management reports show control over more costs.

C. Top management reports are less detailed than those for lower management.

D. Lower-level management reports are likely to contain more quantitative data and less financial data. This is because lower-level management is responsible for day-to-day operations and their reports contain information about units of production, number of hours worked, etc. Top management, on the other hand, is concerned about company's strategic goals, objectives and overall financial results.