Hi smile22!
The flaw here isn't quite a mistaken reversal. It's a little more subtle than that.
You are correct that the author's first statement should be diagrammed:
Artist great

Series of great works
The flaw comes in when the author interprets that to mean that if an artist is great then ALL that means is that he has a series of great works. Essentially, the author has assumed that one thing that is necessary is everything that is necessary. The author is saying that if an author is great, we only know about his past works and therefore can make no predictions about future works. Couldn't it also be true that if someone is a great artist, you know that any future works will be great as well? Just because you have one necessary condition does not mean that it is the ONLY necessary condition.
Answer choice (A) follows these same lines. The author first states that if you know someone has a cold, then you must observe symptoms:
Know someone has cold

Observe cold symptoms
The author then interprets that to mean that if you have a cold, all you know is that you have observed cold symptoms and you can make no predictions about future symptoms that may appear. Of course, this is flawed as our stimulus is. Therefore, answer choice (A) is parallel to our stimulus.
Hope this helps!
Best,
Kelsey