valves
Maybe you "should" be able to, but millions of tub and shower faucets are installed without valves, because;
1. it is often impossible to access them because there is another tub or shower on the other side of the wall. Or,
2. Providing an access cover would look "tacky", or,
3. Those valves are the least used in the house, and often the best constructed so they do not need servicing very often. Usually about every ten years or so. Or,
4. By the time you need to use a valve's integral stops, if you go that way, they are corroded to the point they do not work anyway.