Yes, the CD will be available for the playback in any CD Player as long as the Audio CD option is selected in the application. However, it's always recommended that you burn the Audio CD to the lowest possible speed. This will increase the CD's playback accuracy.
Even if you choose any other application to create the AUDIO CD, make sure to select the proper option when creating the disc. It will make its playback with 99.9 % of the CD/DVD players available in the world.