[CentOS] iptables

I ran:

iptables -L

and see this:

Chain INPUT (policy ACCEPT) target prot opt source destination ACCEPT all -- anywhere anywhere state RELATED,ESTABLISHED ACCEPT icmp -- anywhere anywhere ACCEPT all -- anywhere anywhere REJECT all -- anywhere anywhere reject-with icmp-host-prohibited

Does the

REJECT all

over-ride the

ACCEPT all

Would "DROP all" be better so people banging on the ports don't see a reply?

I ran the gui tool to open ssh and it is in between ACCEPT all and REJECT all. Why does it work if there is a REJECT all after it?

Thanks,

-wes