How can I edit API token privileges for an existing token?

Introduction

I am receiving errors when using my API token and I need to modify its privileges to solve the problem. Where do I go to modify the API token privileges?

Procedure

You can modify existing API tokens by visiting the "Home / Development / Manage API Tokens" page in WHM. From there, click Edit:

You can then select or deselect any of the privileges listed on the page, and you have the option to set or remove an expiration date as well as specify the IP addresses that are allowed to use the token.