No it is not created by CRM Report wizard. We created one custom report in BIDS:
The report has 2 parameters:
1. Entity Type: Single select Picklist. User can choose Company or contact
2. Entity Records: Multi Select picklist. Based on the users selection this picklist is getting populated. If user click on Company, all the companies populated in this picklist. Same with the Contacts.
When user do select all in the Entity Records and click on Submit. It throws generic error.