In addition to the answers above, AndAlso provides a conditioning process known as short circuiting. Many programming languages have this functionality built in like vb.net does, and can provide substantial performance increases in long condition statements by cutting out evaluations that are unneccessary.
Another similar condition is the OrElse condition which would only check the right condition if the left condition is false, thus cutting out unneccessary condition checks after a true condition is found.
I would advise you to always use short circuiting processes and structure your conditional statements in ways that can benefit the most by this. For example, test your most efficient and fastest conditions first so that you only run your long conditions when you absolutely have to and short circuit the other times.