Same Callback Function on different ty of EventHandler

I have 2 event listener in my document class. One is for a TimerEvent.TIMER and another is for VideoEvent.COMPLETE.

Now my question is can i assign a single callback function for both of them?

vdo.addEventListener(VideoEvent.COMPLETE, completeVideo);
myTimer.addEventListener(TimerEvent.TIMER, completeVideo);

In both listeners the callback function completeVideo is same. This function’s definition is like this:

private function completeVideo(e:Event)
        {
}

Its working. But is this good? Any side effect or memory load?