2462012 - Scheduling failed with error "CreateProcess error=87, The parameter is incorrect."

Scheduling Job for Analysis Office failed, and error "CreateProcess error=87, The parameter is incorrect." can be found in Instance Manager in SAP BusinessObjects Central Management Console (CMC) even after check SAP note 2126701.

• Analysis Edition for Microsoft Office 1.4
• Analysis Edition for Microsoft Office 2.0
• SAP BusinessObjects Business Intelligence platform 4.1
• SAP BusinessObjects Business Intelligence platform 4.2

CreateProcess error=87, The parameter is incorrect, AO, scheduling, BOE, Instance Manager; Remove Data Before Saving is selected , KBA , BI-RA-AO-BIP , AO Precalculation, Scheduling and AO InfoOb... , BI-RA-AO-XLA , Excel Addin , Problem