Final answer:
The statement is false; a full adder has three binary inputs and two binary outputs, making it essential for binary addition in multi-bit arithmetic circuits.
Step-by-step explanation:
The statement is False. A full adder circuit typically has three binary inputs (two significant bits and one carry-in bit) and two binary outputs (the sum and the carry-out). The full adder is able to add the two significant bits along with a carry bit from any previous addition. For example, if you were adding 1 (001 in binary) and 2 (010 in binary) along with a carry-in of 1, the full adder would output a sum of 0 (with the binary representation of 100, which is 4 in decimal) and a carry-out of 1. This ability to handle carry-in values makes the full adder circuit a fundamental building block for creating arithmetic circuits that can perform binary addition of multi-bit numbers.