Hi,
That SMS option is already there and you could use FIDO keys or Certificate based Auth if you want to add additional layer of MFA, including the Auth App Passcode.
Check this document for detailed MFA deployment options - https://query.prod.cms.rt.microsoft.com/cms/api/am/binary/RE4h14N?culture=en-us&country=us
Certificate based auth - https://learn.microsoft.com/en-us/entra/identity/authentication/concept-certificate-based-authentication
Microsoft Auth App - https://learn.microsoft.com/en-us/entra/identity/authentication/concept-authentication-passwordless#microsoft-authenticator
Hope this helps.
JS
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