答案的解释是想说明什么

问题如下：

Q. Beginning with fiscal year 2019, for leases with a term longer than one year, lessees report a right-to-use asset and a lease liability on the balance sheet:

选项：

A.only for finance leases.

B.only for operating leases.

C.for both finance and operating leases.

解释：

C is correct. Beginning with fiscal year 2019, lessees report a right-of-use asset and a lease liability for all leases longer than one year. An exception under IFRS exists for leases when the underlying asset is of low value.