Question: Accounting for nonqualified stock option plans results in all of the following except: Multiple Choice Nonqualified stock option accounting results in a deferred tax asset based on compensation expense for the year. Accounting for nonqualified stock options provides the employer a tax deduction for the intrinsic value of the options at the date of exercise. The tax deduction for the options exercised will match the amount of the GAAP compensation expense for those options exercised. Nonqualified stock option accounting results in a temporary tax difference.