Validation of CO objects against master data found errors

What causes this issue?

Errors were found during the validation of the cost centers and orders
to be processed.
Some of the objects have not been created correctly.

System Response

Online, you get a popup with a detailed error list, then processing is
terminated.
In batch, you get additional detailed error messages after this
message. The job is terminated.

How to fix this error?

Examine the error report and then check the listed cost centers and
orders.

Error message extract from SAP system. Copyright SAP SE.