Which of the following statements is FALSE about interest rates?
选项：

A:As interest rates may be quoted for different time intervals, it is often necessary to adjust the interest rate to a time period that matches that of cash flows.;
B: The effective annual rate indicates the amount of interest that will be earned at the end of one year.;
C: The annual percentage rate indicates the amount of simple interest earned in one year.;
D: The annual percentage rate indicates the amount of interest including the effect of compounding.