This thread is like Whack-a-Mole, pound one and another pops up.
In the normal course of events after a team infringes and the non-offending side have possession of the ball the referee will, within a few seconds, determine if any opportunity for advantage to exist.
If no advantage is possible I like to hear "peeep", and if the ball had come free "No advantage happening", then: "Team color, offense, sanction to team color". Why tell them no advantage? Because advantage should always be a consideration and you're letting them know it's not on.
If playing advantage then it's "sanction, "advantage", team color". No need to reference the offense. You can come back to that if need be.
When they gain the requisite advantage then it's "Advantage over". If not it's "peeep, "No advantage gained", team color, sanction".
All that has become, as some say, an expected part of referee to player communication. And I embrace it.
But it is not required by law. Advantage is always being played, whether you call it or not, until your whistle blows. And advantage can end before the words leave your lips.
I don't recommend that you adopt a vow of silence, neither will your coach/assessor, but advantage is a state of play and your words are a management tool.