Can I have multiple adsense accounts?

[Rahul]

Hello Friends,
I am a newbie IM, I just created a bunch of websites and got them ranked well.
So recently I came to know that having too many sites monetized through a single adsense account can raise a red flag and one even can get banned for that.
So keeping in mind some security factors, I thought of getting approved for multiple accounts.
So, my questions are:
- Can I have multiple accounts with the same payee name but different addresses?
- Can I have multiple accounts with the same address but different payees name?
- Can I have multiple accounts with the same address and the same payee name?
- Should I use a different PC or a different connection for operating a different account? (if there are any issues regarding IP address or mac address tracking)

- And I would also like to know it from your point of view, How can I handle different adsense accounts and what are the tactics that you think can help me in this.

Will really appreciate a little help
Thanks!