Correct!
3 seconds sound clip from the Billy Madison movie soundboard.
You can hear this line at 00:29:29 in the Blu-ray version of the movie.
Quote context
[...]
- So he's passed first grade, and he's moved on to second. Whoop-tee-do! Any more information?
- And now we have just two students left.
- Correct!
- Bath. That's a little easy. Why don't you just give her the trophy?
- Cheese. C-H-E-E-S-E. Cheese.
- Correct.
- Couch.
- C-O-W...
- No!
- No, I'm sorry. That's not right.
[...]