It needs to be basically straight.  In my experience.  If the grain runs off the belly sharply front to baclk or off the side, it can lift.  It's a funny fracture, more like a spall (spalt?) than a fret.  The grain slips, and on the belly a lip of grain that hangs out will form.  In a core, a hinge will form, and sometimes you can see a tiny separation in the lams.
Backs need to be perfect. bellies darn good, and cores ok.  General grain should run mostly the length.