The Circuit Value Problem (or Circuit Evaluation Problem) is the computational problem of computing the output of a given Boolean circuit on a given input.
The problem is complete for P under uniform AC0 reductions.
Note that, in terms of time complexity, it can be solved in linear time simply by a topological sort.
The Boolean Formula Value Problem is complete for NC1.
[1] The problem is closely related to the Boolean Satisfiability Problem which is complete for NP and its complement, the Propositional Tautology Problem, which is complete for co-NP.