Final answer:
The Letter of Authorization is a component of a formal report that provides important contextual information and adds credibility to the report.
Step-by-step explanation:
The Letter of Authorization is a component of a formal report. It is a letter or email that accompanies the report when it is submitted, explaining the nature of the report and signed by those responsible for writing it. The Letter of Authorization provides important contextual information for the recipient and adds credibility to the report.