2403016 - Error "This query is invalid. Please contact your administrator" when Open a BW BEx Query with EPM Add-In in AO

When you open a BW BEx Query using EPM client (as EPM Add-In or EPM Plug-in within Analysis Office) on top of BPC 10.1 Embedded Model, you get error "This query is invalid. Please contact your administrator".

BPC 10.1 Embedded Model

EPM AddIn, EPM Add-In, EPM Plugin, EPM Plug-In, Analysis Office, BPC Embedded, Analysis Plugin, Analysis Plug-In, BPC_EMBEDED, FILL_AUTH_BUFFER, RSEC_READ_BPC_AUTHS , KBA , BW-PLA-BPC , BPC 'embedded model' , EPM-BPC-NW , NetWeaver Version , BI-RA-AO-XLA , Excel Addin , EPM-XLS , EPM Excel Client , BW-BEX-OT-OLAP-AUT , Authorizations , Problem