What Can I Moderate? As mentioned, there are three viewable forms of interactions that you can monitor. Each can be accessed through the "Posts" and "Messages" buttons respectively. These buttons are located at the top of the Moderation menu.
What Can I Do? You have the ability to delete specific posts as well as messages using the "Delete" button. This can be accessed by clicking on a post you want to delete and clicking the "Delete" button at the bottom of the page. That being said, you cannot delete conversations through the Admin.
How Do I View Reported Content? Reported content (comments, posts, etc.) will be marked under the "Reported" column on the left-hand side of the screen.