It’s a security / compliance policy. There is a very high chance your company has not even enabled it, have not seen anyone using it.
As I see it, you would and could use it only if you force MS Authenticator notification as the only MFA method and it is important in which country MFA prompt originates. Usually it is IP based block / whitelist which checks IP from which login originates which seems like a much more useful info, then you can also allow any MFA method.