Question: Which of the following statements about Java's annotation processing and custom annotations is true?

A) Annotations in Java can only be applied to methods and classes, but not to fields or parameters.
B) Custom annotations can be created by defining an interface with the @interface keyword, and they can have default values for their elements.
C) Annotation processing occurs at runtime, allowing for dynamic changes to the program's behavior based on the presence of annotations.
D) Annotations do not affect the runtime performance of Java applications since they are stripped away during the compilation process.