Question: If VBA code declares FileCount as a constant rather than a variable, the code tends to run faster. Why is this?

1. The scope of constants is limited to the procedure that declares them
2. Constants are declared at compile time, but variables are declared at run time
3. Once declared in a project, the value of a constant cannot be changed. There is no need to look up the current value of FileCount when it is a constant.
4. The Const declaraton specifies the most efficient type given the constant's value

Answer: The correct answer of the above question is Option D:The Const declaraton specifies the most efficient type given the constant's value