We introduce a generalized theoretical approach to study action signals induced by the absorption of two-photons from two phase modulated laser beams and subject it to experimental testing for two types of photoactive samples, solution of rhodamine 6G and GaP photodiode. In our experiment, the phases of the laser beams are modulated at the frequencies φ 1 and φ 2 , respectively. The action signals, such as photoluminescence and photocurrent, which result from the absorption of two photons, are isolated at frequencies mφ (φ = |φ 1 − φ 2 |, m = 0, 1, 2, . . . ). We demonstrate that the ratio of the amplitudes of the secondary (m = 2) and the primary (m = 1) signals, A 2φ : A φ , is sensitive to the type of relaxation process taken place in the system and thus can be used for its identification. Such sensitivity originates from cumulative effects of non-equilibrated state of the system between the light pulses. When the cumulative effects are small, i.e. the relaxation time is much shorter then the laser repetition rate or the laser intensity is high enough to dominate the system behavior, the ratio achieves its reference value 1 : 4 (the signature of two-photon absorption).In the intermediate regimes the ratio changes rapidly with the growth of intensity from zero value in case of second order relaxation process, while it demonstrates slow monotonic decrease for linear relaxation. In the article we also determine the value of the recombination rate in a GaP photodiode by using the above approach.