Determine whether the statement is true or false. Explain your answer.
$$
\begin{array}{l}{\text { If } \lim _{x \rightarrow a} f(x) \text { exists, then so do } \lim _{x \rightarrow a^{-}} f(x) \text { and }} \\ {\lim _{x \rightarrow a^{+}} f(x) .}\end{array}
$$