Why is the password option is absent from the «Sign-in options» screen in Windows 10?

Windows
, ,
1

2023-04-13--23-10-09

2

The password option is shown only fopr local accounts.
I use a Microsoft account instead: that is why the password option is missed.
When I temporary switched my account to local, the password option was shown:

2023-04-13--23-47-17