To answer this question, let's go through each option to understand why it is correct or incorrect:
Option A) CREATE OR REPLACE FUNCTION tax_amt (p_id NUMBER) RETURN NUMBER - This option is correct because it declares a stored program unit as a function named "tax_amt" that takes in a parameter "p_id" of type NUMBER and returns a value of type NUMBER.
Option B) CREATE OR REPLACE PROCEDURE tax_amt (p_id NUMBER) RETURN NUMBER - This option is incorrect because it declares a stored program unit as a procedure named "tax_amt". Procedures do not have a RETURN clause to specify a return type.
Option C) CREATE OR REPLACE PROCEDURE tax_amt (p_id NUMBER, p_amount OUT NUMBER) - This option is correct because it declares a stored program unit as a procedure named "tax_amt" that takes in two parameters: "p_id" of type NUMBER and "p_amount" of type OUT NUMBER. The OUT parameter allows the procedure to return a value.
Option D) CREATE OR REPLACE FUNCTION tax_amt (p_id NUMBER) RETURN NUMBER(10,2) - This option is incorrect because the syntax "RETURN NUMBER(10,2)" is not valid. The return type of a function should be specified without precision or scale.
Option E) CREATE OR REPLACE PROCEDURE tax_amt (p_id NUMBER, p_amount OUT NUMBER(10, 2)) - This option is incorrect because the syntax "p_amount OUT NUMBER(10, 2)" is not valid. The OUT parameter should be specified without precision or scale.
The correct answers are A and C. These options correctly declare a stored program unit as a function and a procedure, respectively.