Yes it is, but only if it is in the ThisWorkbook module. Not just any module.Originally Posted by losinj
CreganTur is correct about it being a shorthand for where the code is behind and it is only applicable to Class modules which include: ThisWorkbook, Worksheet, Userform modules, and (obviously) Class Modules.
EDIT: I believe I should have said "Sheet" modules (to include Worksheets and Charts)