This report describes the frequency response of the oddball paradigm upon auditory stimuli. Other reports related to wavelet analysis of the same ERPs (Demiralp et al., 1999) and the application of visual signals (Schürmann et al., this volume) indicate that the P300 response has a dominant delta response oscillation, independent of the modality of the stimulation. Moreover, the adaptive digital filtering and the wavelet analysis lead to very similar results, confirming that delta responses are real brain responses as already mentioned, by Başar et al. (this volume). The theta response has a second late response window in comparison to auditory evoked potentials. Moreover, the functional significance of the selectively distributed theta and delta systems of the brain will be clearly demonstrated. Signal detection, short-term memory, and decision-making processes are discussed.