That's generally how the flow chart works in the rip process, if you feel reasonably confident that you've correctly identified your release (specifically the correct pressing) you can burst rip the disc and then compare the ripped tracks to other rips from the same pressing (see also AccurateRip). If you got the same hash as other people ripping the same pressing then you're done.

If your pressing doesn't have a good sample size of hashes to compare to then you use a more secure ripping method that generally makes use of the accurate stream feature (most drives manufactured in the last decade or so have it) it's a slower but more repeatable process of reading a red book CD intended to suppress jitter and alignment errors. If you get through an accurate stream rip and you encounter no read/C2 errors you're probably ok, but if you really have no/few samples to compare against you may be paranoid and rerip the disk a few times to make sure you get repeatable results or even rip the disk with another drive all together.