Second Admin Account: Two Admins, One Cpanel?

I don't know if this is possible, if it is and I missed it, excuse me. Well, I'd like to add a 2nd admin account to access the cpanel. Me and a friend manage the site together, and I suppose it's possible to just use the same account but it'd be much easier to do two. Also, if this is possible could both Admins be logged in at once? If not then there isnt even a reason to set this up, because thats the whole thing we were going for.Hope I'm clear .. if not, ask for any specifics! Thanks in advance.

Sorry, this is not possible in CPanel. Cpanel guys havent included such type of a feature in their software.For commercial purpose, members have an option for Reseller type hosting where they get this ability to create multiple accounts.