Excel00005 Invalid procedure call or argument. on "=I_EOL_GLACT_TYPE_DESC(110)"

On evaluation of:

=I_EOL_GLACT_TYPE_DESC(110)

an error occurs on release 22.0.518:

excel00005
Invalid procedure call or argument

The related VBA call is:

Generic.ManagedObject.GetEolXmlCodeDomainValueDescription(“glaccount_type”, 110)