Using Outlook for Android in business environments for email and scheduling
Solution was found! It's a work around but I installed Google Calendar app and synced my android calendar to it. Then unistalled Outlook app and reinstalled. Local calendar appeared on Outlook calendar settings with Google. All the accounts assigned in Google showed up under local calanders and I could select/deselect each one as needed. Be advised that my outlook account is an exchange account in my Gmail. So far sync is working across all calendars.
It Does not work. At least not with office 365 account in outlook for android. Samsung S22 Ultra