As I said, they CAN do it if they see something that needs to be dealt with and happen to have time. It is not their job specifically though.
I think you misunderstand. None of the flagged posts go to CMs. None. That is not their job. They ARE here daily though to collect feedback and if something needs to be dealt with and they want to, they have the tools.
They are NOT sitting around here responding to reports and looking for things to moderate.