Which option helps in applying a variety of styles for enhancing report clarity?

The choice of formatting options is correct because these tools allow users to manipulate the appearance of reports, making them more readable and visually appealing. Formatting options typically include adjustments to font types, sizes, colors, alignment, borders, and spacing, all of which can significantly enhance the overall clarity of a report. By applying various formatting techniques, users can draw attention to key data points, differentiate sections, and create a professional-looking document that effectively communicates information.

While templates serve a purpose by providing a predefined structure for reports, they do not specifically focus on the aesthetic enhancements that formatting options offer. Style sheets are more relevant in the context of programming and web design, where they define the layout and presentation of various elements. Presentation modes pertain to the way information is displayed during a presentation, rather than specifically enhancing the clarity of reports through styling. Thus, formatting options are the best choice for applying styles that elevate the clarity of reports.