Specifies the status of the selected object or filter. Changing this property sets the Status. The display depends on your access level. You might be unable to change the status of the object. The list is defined by the ApprovalStatus codelist.
Smart 3Dx saves an object to the database when you change that object's status. Use Undo (CTRL + Z) 
to reverse the status change.
You can only edit or manipulate an object with a status of Working.