The auditor has to draw on past experience when assessing judgements about the future and may assume that in the context of an ongoing audit engagement at the same client things generally stay the same.

To which of the audit postulates does this statement refer?

a$.$

Application of generally accepted accounting practice results in fair presentation

b$.$

The financial statements submitted to the auditor for verification are free of collusive and other unusual irregularities

c$.$

No necessary conflict of interest exists between the auditor and the management$/$ employees of the enterprise under audit

d$.$

That which held true in the past will hold true in the future