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A Product Backlog item that does not meet the Definition of Done cannot be released or presented. The Definition of Done is a quality standard that ensures all criteria for completion are met before an item can be considered complete. This definition provides clarity to all stakeholders, including the team, Product Owner, and customers, regarding what it means for work to be finished.

If an item fails to meet this agreed-upon standard, it signifies that the item requires further work to fulfill the expectations for completeness. As such, it should not be shown to stakeholders during the Sprint Review, as it does not provide the value or functionality that is anticipated from completed work. Presenting incomplete items might mislead stakeholders about the product's readiness and could impact trust and transparency within the Scrum process.

Adhering to the Definition of Done is critical for maintaining quality, managing stakeholder expectations, and ensuring the integrity of the Scrum framework. Thus, failure to meet this standard directly correlates to the inability to release or present the item.