As with so many of such questions, the answer is: "It depends..."
1) If the DAC uses digital means to volume control (bit stripping) it is of course possible - but particularly at lower volumes, the SQ is affected negatively.
2) If the DAC volume control is of top quality *analogue* design (and how many actually are?), it becomes a question of how much better a/any preamp's volume control AND overall design implementation is.
Starting with a very clean powersupply, a volume control (not really by potentiometers), sealed relay source switching, plus a separate or well screaned power supply etc.
3) If such a preamp is used, the general finding is, that the inclusion of such, using reasonable good IC's connecting the lot, the result in the cases I know of, including my own, will result in higher SQ.
M. 🇿🇦