**Bucket Policy**: Resource-based; attached to S3 bucket. Defines who can access that bucket; supports conditions (IP, MFA, encryption). Use for cross-account access.
**IAM Policy**: Identity-based; attached to user/role/group. Defines what identity can do across resources.
**Evaluation**: Both evaluated together. Bucket Policy for bucket-specific, cross-account; IAM for centralized identity management....
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