This should be implemented instead of manually going to the report and selecting an action as it's too time consuming especially since if you get a lot of reports at once that don't need review. Sort of like a drop down menu similar to when editing a thread before clicking on it.
How are there a lot of reports that "don't need review"? You have to go into a report to see which post is being reported and what the report is about. By doing so you then need to resolve the report in some way. You can't know which post is reported or what the report is about if you don't, so I can't see how a report can be determined not to need reviewing (remember that multiple reports on the same post all end up as 1 report).