The vast majority of my diving is shore-based, swimming up an incline at the end of the dive. If a student diver signs "cold, thumbs up," I wouldn't immediately surface because they're not necessarily going to get warmer faster swimming in on the surface. I'd use something like turn the dive or a lateral thumb motion to indicate direction of travel toward the beach, followed by interrogative OK? An experienced buddy gives me a thumbs up at 100' deep off Mukilteo, Washington I'm assuming we're going STRAIGHT up and there'll be a long surface swim to shore. There will be no "return to the (planned) ascent point." If we're inside a wreck in the Caribbean, I presume it means we get out first rather than try to pound our way through decks. Again, context matters.
And absolutely go over signs with new buddies. I'm guilty of using the flat palm over thumb up to indicate ascend to a depth, and then indicate either a number or indicate "a little bit" with thumb and forefinger. But I also go over this with buddies if I'm leading a dive. They don't like it, I'll use whatever they prefer.
The last dive I did was a night dive with AOW students. At one point I rolled over on my back, threw out my left hand and clutched my chest with my right hand. A very fat or pregnant seal had been accompanying us, using our lights to hunt. The fish it was after did a 180 and came straight at me. So did the seal. At the last second the fish turned. I wasn't sure the seal was going to make the turn before ramming me. It did, but we were all a little surprised. My students got a laugh out of my reaction and had no trouble interpreting a sarcastic, made-up-on-the-spot gesture. Context matters.
Apropos of nothing, seal bellies are remarkably squishy as they rub off you during a turn. Especially if the seal is fat or pregnant.