This is all a matter of where the line of sight intersects the bullet trajectory (which is influenced by bullet weight, speed [barrel length, powder charge], etc.). The "accuracy" of said rifle does not change....period, only where your crosshairs will line up with the bullet trajectory.
Basically, as you raise your scope higher...your bullet will hit lower up close, and higher out past your "zero"....then proceed to drop back down into your "zero" and continue down from there. With the scope nearer the barrel...your bullet will hit closer to your "zero" up close, and closer to your "zero" out past your "zero"....but it will also drop off faster after your "zero". Either way, the bullet follows the same path.
If you know your bullet's trajectory...either can be used successfully.
Max