The air inside your BCD/wing will "migrate" to the highest part of the wing, based on your body position. That is why you would lift the inflator hose to dump air-it places the outlet at the high point, providing that your body position is close to vertical-at least shoulders/head higher than your waist. Sometimes, you may have to shrug,or roll your shoulders to help move the air to that area of the BC
If your body position is closer to a horizontal one, one of the other dump valves could be at (or closer to) the highest point of the wing/BCD. As such, they would be the "easier" choice to use when dumping air.
If you are, for whatever reason, in a head down configuration, then your rear "butt dumps" would be at the highest point.
I use, and would suggest using, whichever is most convenient, based on body position, and of course where the dump valves are located on your gear. Their placement is not universal. (Some typical locations, but not all are on every BC: Hose dump; Shoulder hose pull dump; Dump valve on the shoulder that doesn't have the inflator hose; "butt dumps" left and or right side.)
As you get more experience, you'll probably find which one(s) you prefer to use.
One last thought: in open water, IMHO there is no shame in "going vertical" as needed, to use your hose dump to release air. Actually,If you are close to horizontal, you can still use the hose, but would have to lift it more, and possibly rotate or lift your shoulders.
If that is what you are most comfortable doing, do it! (I do at times)
Wishing you many years of safe diving.
Edited to ad: Damn, I am a slow typist. I agree with the other 2 posts!