It depends entirely on the brand and model of the cartridge.
Any of the 3 answers could be right, depending upon which cartridge you are using. Or anything "in between" could be right, too.
Generally, you are trying to get the correct SRA(stylus rake angle) when you are adjusting "VTA".
There are some treatises on this subject on the web, and on AA, and in the Audiogon analog archives.
Additionally, since record thicknesses vary, you'll need to do this for every record you play, or at least have some basic settings for different thicknesses of records, or else you can just make one setting and live with the changes in sound from one record to another.
Any of the 3 answers could be right, depending upon which cartridge you are using. Or anything "in between" could be right, too.
Generally, you are trying to get the correct SRA(stylus rake angle) when you are adjusting "VTA".
There are some treatises on this subject on the web, and on AA, and in the Audiogon analog archives.
Additionally, since record thicknesses vary, you'll need to do this for every record you play, or at least have some basic settings for different thicknesses of records, or else you can just make one setting and live with the changes in sound from one record to another.