I received this error and after having read the boards, I changed the battery and this did nothing.  I changed it to run off the dipswitch coinage, no change.  I ran the diagnostics tests and everything checked out okay with no errors. 
When I turn the game on, I get one tone, it starts checking the roms, completes that successfully and then I get a split second of game sound and then it switches to the 'errors detected' 'using dipswitch coinage' 'factory settings restored'.
As I said, all the tests came up okay including the sound.  Anyone have any idea on the problem? Thanks.