Released on the Beatles' 1988 compilation Past Masters Volume One, "Yes It Is" is a rare studio recording featuring the group's full lineup. The track serves as a direct response to a fan's letter asking if the band would ever play together again, with the iconic answer delivered by John Lennon. Unlike their typical studio output, this session captures the band performing live in the studio, showcasing their tight interplay and energetic stage presence. It stands as a significant document of the group's final years, highlighting their commitment to their craft even as their public appearances became increasingly limited. The song remains a cherished example of the Beatles' ability to blend personal sentiment with their signature musical style.