DC is generally understood to be constant, and AC in most uses is generally understood to be a constant sine wave. Audio signals really aren’t either. Audio signals are varying sine waves in the frequency range of 20 Hz to 20,000 Hz. A constant AC signal (meaning of constant frequency) within that range would be called an audio frequency AC signal though. There’s enough weaseling within the common use of the terms that you could easily get away with calling audio signals AC. You just have to be careful of the context. “AC” to many folks means 120 volts AC 60 Hz. It’s more common to just refer to audio signals as “audio” instead of trying to call them AC or DC.
There’s a very important fundamental concept in signals that says any complex waveform can be broken down into a series of sine waves. Your ears hear in the frequency domain, so what you are really hearing is the frequencies of these individual sine waves. The cells in your ears (called hair cells) act like itty bitty bandpass filters, each focusing on a small range of sine waves. So, “sound” is really sine waves. You can’t hear DC. You can only hear sine waves. If you ignore the common usage of the terms, sine waves are by definition alternating, so yes, sound is technically AC. Like I said above, though, calling audio signals “AC” might confuse some people in some contexts.
Phone signals are a bit different than the audio signals used in your stereo. If you understand how phones work then the example they give really makes a lot of sense. However, if you don’t know the difference between AC and DC it’s pretty doubtful that you’ll know how a telephone works, so I think they lost the point on their target audience.
A telephone is really ingenious. People take it for granted but they don’t realize the creativity that went into its creation. In a telephone, you have audio signals coming in, you have audio signals going out, you have a ring signal, you have a way of detecting whether the phone is on or off hook, and you have a way of dialing. This is simple if you have half a dozen wires. The amazing thing is that they figured out how to do it using only two wires.
The telephone has a constant DC voltage applied to it. When you pick up the phone, the current draw from the switch being turned on signals the phone system that the phone is off hook. When the phone is on the hook, they can put an AC ring signal across the wires and the phone will ring. When the phone is off the hook, the voice coil modulates the current from the constant DC source, which transmits the audio signal from the phone to the switching station. The DC isn’t truly DC, though, since it also is modulated with the incoming audio signal. A very creative coil arrangement allows you to hear the person on the other end louder than you hear your own voice.
A few coils of wire and some switches, no modern electronics at all, and only two wires. Amazing.
Since you can think of the audio signal as modulating the current from a DC source, their example of a telephone makes sense as a varying DC signal.