Signalflow during CD-burning

I am a little uncertain about the signal flow, when burning a CD (in WaveLab Elements). Does the signal go the whole way through the Master Section (including all FX’s), as when rendering, or is it tapped of at an earlier stage in the signal chain?

Never mind. I found the answer in the manual. Not in the section on CD burning, where I was expecting to find it, but in the section on the Master Section.

Maybe something to think about, the next time the manual is revised.