Hello @Jonathan Doliver
To be very direct.
YES.
If you need more details, you can see on this documents:
https://docs.microsoft.com/en-us/azure/active-directory/authentication/concept-mfa-obsolete-mfasetup
https://docs.microsoft.com/en-us/azure/active-directory/authentication/concept-mfa-obsolete
good luck, and please don't forget to upvote and accept the answer
Regards