Which type of goal is expected to be achieved in less than 12 months?

The correct choice is related to the time frame of achieving a goal. A short-term goal is defined as one that is expected to be accomplished within a span of less than 12 months. This type of goal typically involves actions or projects that can be completed relatively quickly, allowing individuals to see immediate results. Examples might include saving for a vacation, paying off a small debt, or starting a new fitness routine.

In contrast, long-term goals generally extend beyond a year, often requiring sustained effort over a longer duration, such as saving for retirement or purchasing a home. Intermediate goals fall between short-term and long-term objectives, typically taking between one to five years to achieve. Emergency goals aren't a commonly recognized category in personal finance; instead, they refer to financial preparedness for unexpected expenses and generally do not fit the timeline described in the question. Thus, identifying a goal that can be reached within a year clearly points to it being classified as a short-term goal.