That's perfectly true in theory, and quite probably still used for some precision purposes, but the practicalities of a bridge to measure the extremely high or extremely low resistances we are discussing are far from trivial.Most accurate measurements are made using Wheatstone Bridge and similar zero affect methods where one is looking for zero voltage and zero current in the indicating equipment when the bridge is balanced. The value being measured, the unknown of the four bridge elements, can then be calculated from the three known elements.
Kind Regards, John.