Elance Exams Answers PDF file

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What is the difference between activating and initializing a user form?

Activate will always run when showing a user form whereas Initialize will only run when showing a user form that has not been stored in memory.
There are no differences. Both are run whenever a user form is shown.
There are differences only if Option Explicit is stated.
Initialize will always run when showing a user form whereas Activate will only run when showing a user form that has not been stored in memory.
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