Can a critical point be a local maximum /local minimum?

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So i was looking through past exams, and i came upon this question :

If the derivative does not exist at a point, then this critical point cannot be either a local maximum or a local minimum.

I think it is false.

Take for example, the function of f=absolute value of x. There is x=0. x=0 i assume is a critical point of the function due to the fact that the derivative doesn't exist at x=0.Please corrrect me if im wrong. I also understood that at x=0, there is a local minimum of the function .

So according to my understanding, the question is false. A critical point , where the derivative doesn't exists, can indeed be a local maximum or minimum .

correct?