Consider the following statement about the performance reports:

$1.$ Performance reports provide feedbacks to managers and allow them to btter control operations.

$2.$ Many performance reports have budget, actual and variance data

$3.$ Performance reports are often structured around a firms organization hierarchy, that is data relating to lower level units are combined and flow into higher level units

Which of the above is $($are$)$ true?

a$.2$ and $3$

b$.1$ and $2$

c$.1$ and $3$

d$.$ All of the statements are true