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TL431: Does the different positions of resistor R5 in the feedback circuit composed of TL431 and PC817 in a switching power supply have different effects on the loop? The position of resistor R5 in Figure 1 and Figure 2 is different

Part Number: TL431

The position of resistor R5 in Figure 1 and Figure 2 is different

                          Figure 1

              Figure 2

What kind of switching power supply loop is suitable for the two different circuits in Figure 1 and Figure 2?

Does the different positions of resistor R5 in the feedback circuit composed of TL431 and PC817 in a switching power supply have different effects on the loop?