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In this YouTube tutorial, Burner Cast demonstrates how to name or rename an object in PowerPoint, which is particularly useful when dealing with multiple objects and animations. By assigning names to objects, it becomes easier to manage and animate them. The tutorial walks through a simple scenario of creating three rectangles, naming one as a button, and animating the other two to appear when the button is clicked. By using the selection pane, one can easily identify and rename objects to organize animations efficiently.