Here are some ideas you can try, but the solution I know will work is below the dotted line.
Here: https://docs.microsoft.com/en-us/power-automate/desktop-flows/variable-manipulation
It says you can do this:

I personally don't think this would work, because the operator is built into IF, and it doesn't give an And/Or option.
On the other hand, you can do nested If's to accomplish AND functions:
So in this example, it would only "Do something" If both statements were true.
--------------------------------------------------------------------------------------------------
Solution that will definitely work:
You can use Switch & Case to handle all possibilities of AND/OR Functions, but this gets complicated. You have to set each If Statement to True (1) or False (0), so that looks like this:
- If Name is True
- Set Variable %NameIF% to (1)
- Else
- Set Variable %NameIF% to (0)
- EndIF
- IF Status is True
- Set Variable %StatusIF% to (1)
- Else
- Set Variable %StatusIF% to (0)
- EndIF
- Set Variable %Result% to 'Name%NameIF%,Status%StatusIF%'
#I used text other than just numbers in %Result% so it didn't mistake it for a number and turn "01" into "1".
Now that you have the result variable, which is 1 of 4 options, you can use Switch Case to "do something" based on your result:
- Switch %Result%
- Case Name0,Status0
- Case Name0,Status1
- Case Name1,Status0
- Case Name1,Status1
Best of luck!