Multiple ACCEPT and REJECT statements in a loop

What happens if multiple ACCEPT and REJECT are used in the same read loop

https://techcommunity.softwareag.com/ecosystem/documentation/natural/nat911mf/sm/accept.htm#accept-multiple-statement-proc

Despite the clarity of the documentation, I recommend using AND, OR, and NOT to combine all logical conditions into a single ACCEPT or REJECT. Using multiple contiguous statements has almost never given me the result I wanted.