The fundamentality of the exponential representation of a second-quantised correlated wave function is emphasised with an accent on the physical sense of cluster amplitudes as cumulants of the correlated ansatz. Three main wave function formalisms, namely, the configuration-interaction theory, the coupled-cluster approach, and the many-body perturbation theory (as well as their extensions, e.g. the equation-of-motion coupled-cluster method, multireference schemes, etc.), are represented in an exponential form, leading to a formulation of the working equations in terms of cluster amplitudes. By expressing the corresponding many-body tensor equations in terms of cluster amplitudes, we could unambiguously check connectivity types and the asymptotic behaviour of all tensors/scalars involved (in the formal limit of an infinite number of correlated particles). In particular, the appearance of disconnected cluster amplitudes corresponds to unphysical correlations. Besides, we demonstrate that the equation-of-motion coupled-cluster approach, as well as certain excited-state configuration-interaction methods, can be recast in a fully connected (exponential) form, thus breaking the common belief that all truncated configuration-interaction methods violate connectivity. Our work is based on the recently developed algebraic framework which can be viewed as a complement to the classical diagrammatic analysis.