You can analyze audio signals with the MultiKitB.
If you have an instrument with a 3.5mm Line Out, you can use an adapter to BNC:/\r\n/http://www.adinstruments.com/products/hardware/research/product/MLAC23/
If you are planning to use a microphone alone, it has to be a dynamic microphone. A capacitor or electret microphone will not work, unless you use a preamplifier.