Yes these are the two options available. But we would recommend using the ct2mrireg as it is well validated for registering a CT to an MRI.
Orientation: Check this dicsussion MRi image orientation. Registration: Here it refers to aligning the CT to the MRI to minimize the shifts between them. Mode details can be found here and also in this discussion. Reslice: rewriting a new volume (here, CT) that matches voxel-by-voxel the reference volume (here, MRI). More can be found in this discussion