Assess the validity of the following statement and provide a reasoning. Assume $d$ and $P$ are finite numbers.
If ${\displaystyle\lim_{z\to d}k\left(z\right)=P}$, then $k\left(d\right)=P$.

True, because the function value at $d$ must match the limit of the function as $z$ approaches $d$.

False, because the limit of the function as $z$ approaches $d$ does not necessarily imply that the function's value at $d$ is equal to the limit.

True, because the function is continuous at $d$.

False, because the limit cannot be determined.