A is corrent because the objectives of analytical procedures during risk assessment are to identify aspects of the entity of which the auditor was unaware and assist in assessing the risks of material misstatement (to help determine the nature, timing, and extent of audit tests).
B is incorrect because the professional standards clearly identify the assertions embodied in the financial statements, and analytical procedures perform no such role.
C is incorrect because while analytical procedures may identify material weaknesses in internal control, this is not a primary objective.
D is incorrect because the predictability of financial data from individual transactions is a factor that would be taken into consideration when determining the extent of transaction testing.
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