Final answer:
The parasympathetic division of the ANS originates in the brainstem and sacral spinal cord, regulating the 'rest and digest' functions of the body.
Step-by-step explanation:
The parasympathetic branch of the autonomic nervous system (ANS) is also known as the craniosacral system, because its preganglionic neurons are located in the nuclei of the brainstem and the lateral horn of the sacral spinal cord.
Contrary to the options given in the question, the parasympathetic system does not originate in the thoracic region nor does it innervate organs and tissues only in the bottom half of the body.
Instead, it is involved in returning the body to routine, day-to-day operations such as slowing the heartbeat, lowering blood pressure, and stimulating digestion, often described as the "rest and digest" functions.