KEO2: Company code inheritance does not function in EO

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Symptom
In Customizing of enterprise organizations (transaction KEOC1 – Settings for Enterprise Organization) you set the hierarchical assignment of company codes to one another.
The “Overlapping company codes” indicator has the value “allowed”.
As a result, you expect the following system behavior: The company code should be inherited by all organizational units below it, only if [...]

KEO2: Error message 5A 375 when scheduling cost centers

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Symptom
When you schedule the assignment of the cost center to higher-level organizational units in transaction KEO2, the system issues the error message
“Error when delimiting object & & &” (5A 375) and the scheduling process is terminated.
Other terms
KEO2, 5A375, 5A 375, KEO_OVERVIEW_FUNCTION, FORM, cut_external_rel
Reason and Prerequisites
The problem is caused by a program error.
Solution
Implement the attached [...]