Alright, I'm back! I just played my first full round since buying the game. I uninstalled iTunes, with all of it's components and BF V worked without crashing. Amazing. If anyone else see's this, uninstalling iTune's may be the thing to do.
The reason why I thought it might be iTunes is because in researching a couple of forums, it looks like iTunes improperly modifies the permissions of CLSID and AppID in Windows 10 (and prior). Instead of trying to kill my computer, I decided to stay faaarrrrr away from RegEdit, and just uninstalled iTunes. (I used IOBit Uninstaller to super-remove everything).
Their respective owner's need to be changed back to Administrator using RegEdit. I was following this post: https://answers.microsoft.com/en-us/windows/forum/windows_8-performance/event-id-10016-the-application-specific-permission/9ff8796f-c352-4da2-9322-5fdf8a11c81e
In the event that this link disappears/breaks, the main directions are below:
1. Open Regedit.
2. Go to HKEY_Classes_Root\CLSID\*CLSID*.
Note: *CLSID* stand for the ID that appears in your event viewer error. In your case, it's {C2F03A33-21F5-47FA-B4BB-156362A2F239}.
3. Right click on it then select permission.
4. Click Advance and change the owner to administrators. Also click the box that will appear below the owner line.
5. Apply full control.
6. Close the tab then go to HKEY_LocalMachine\Software\Classes\AppID\*APPID*.
Note: *AppID* is the ID that appears in your event viewer. In your case it's {316CDED5-E4AE-4B15-9113-7055D84DCC97}.
7. Right click on it then select permission.
8. Click Advance and change the owner to administrators.
9. Click the box that will appear below the owner line.
10. Click Apply and grant full control to Administrators.
11. Close all tabs and go to Administrative tool.
12. Open component services.
13. Click Computer, click my computer, then click DCOM.
14. Look for the corresponding service that appears on the error viewer.
15. Right click on it then click properties.
16. Click security tab then click Add User. Add SYSTEM then apply.
17. Tick the Activate local box.
Note: the actual strings in RegEdit will be different for you, and correspond to the strings in the errors found in Event Viewer
Other Note: Be INCREDIBLY careful in RegEdit. You can mess stuff up pretty quickly. Always back up your computer!!
