What

When account CR is created, operator assumes that the account has been created and approved. However, if the usage rule for "requiring approvals" for creating account is enabled, the operator should indicate in the CR status that the account is pending approval.

How

We could potentially log an info message saying something like "account was created but is not approved, please contact administrator of your tenant"..or something like that.
Once approved - we would somehow need to reconcile the account CR to let customer know that account is approved. Approval can take any time so we need to figure out a smart way of reconciling the CR instead of looping over and over again.