The list L is initialized as ['TIC', 'TAC'].
The slicing notation [::-1] performs a full reversal of the list.
Consequently, applying L[::-1] reverses the order of L's elements.
The initial element 'TIC' will occupy the final position,
and the element 'TAC' will occupy the initial position.
The resultant list is ['TAC', 'TIC'].
Options (A) and (C) incorrectly represent reversed strings, not a reversed list.
Therefore, option (D) is the correct selection.