Answer:
A piece of paper that determines the academic fate of kids everywhere.
Poorly behaved children often find themselves sitting in these.
I love to dance and twist and prance. I shake my tail, as away I sail. Wingless I fly into the sky.
My body is timber and I am a boy among men. I have a nose without end and an insect for a friend. Who am I?
Which friend of the witch eats the fastest?
What is always coming but never arrives?