Which of the following would not qualify as part of restricted net assets?

Restricted net assets are funds that are subject to constraints on how they can be used, whether these constraints come from external sources, such as laws or donor requirements, or from the organization itself.

When examining the options, resources with external legal restrictions definitely qualify as restricted net assets because those limitations are imposed by outside authorities, ensuring that funds must be used for designated purposes. Similarly, funds earmarked by the government for specific projects fall into this category, as they also come with mandated uses attached. Assets with permanent legal constraints by law clearly qualify as restricted since the law defines their use.

Resources subject to self-imposed restrictions, however, do not qualify as restricted net assets in the same way. While an organization may choose to create a restriction for its own internal purposes, these self-imposed restrictions can often be lifted at any time by the organization's decision-makers. This flexibility means they do not carry the same permanence or enforceability as external restrictions, and thus are not included in the definition of restricted net assets.