Mostly, but not completely. CIRC error correction in the Red Book standard is deliberately designed with a soft failure mode for unrecoverable data - specifical

Mostly, but not completely. CIRC error correction in the Red Book standard is deliberately designed with a soft failure mode for unrecoverable data - specifically, it will "interpolate" audio data to fill in the gap. If you have a damaged disc, a drive can be better or worse at resolving "marginal" parts of the disc, which will change the data. Whether or not this makes an audible difference is an exercise for the reader, of course. CD-ROM doesn't have this problem because it introduced a different error correction mechanism with more overhead. So in that case it is "either it ripped correctly or it didn't"... at least until you start getting into mixed-mode discs, or games that stored their FMVs with the weaker error correction mode to save space, or literally anything with copy protection.