Rascalation

acting in the way of a rascal, an action that is silly, funny, witty, or in some way amusing. A term used to describe a classic action of humor performed by a known Rascal. When responding to this humorous event it is appropriate to laugh in a jovial deep tone using the particular phrase "Ah ha ha ha ha, what Rascalation!"

Did you see what she just did, that was such Rascalation!