Angel Q&A - Gradebook 7.4 Grade Reports

These questions primarily concern the 7.4 ("terms") gradebook in Angel.

1. Why do the grade reports show differently for my students than they do for me? And how can I change it so my students see percents instead of letter grades? Points instead of percents? etc.
2. My grade report is listed as "Overall Report," how can I edit the title of the report?