It's a Yes/No toggle basically. You toggle them all however you want then click Update. Reject should be red and Accept green as shown below. If they're not then you've something restyling their classes changing their colors.
As for the description text that's the UE_CONNECT_ACTIONREQUIRED language string which you can override using language overrides shown below to change it to whatever you like.
www.joomlapolis.com/blog/kyle/18701-language-overrides-have-arrived