Mojave installed on an external SSD does not boot on 27 inch iMac with BigSur
I installed Mojave on an external SSD to continue using 32 bit software on my new 27 inch iMac 2020 with BigSur.
Unfortunately, I can't boot from this SSD even though I've changed the Boot Security Utility settings to allow booting from external media and disable security so I can boot into a different operating system.
See https://support.apple.com/nl-nl/HT201372
On my 15 inch macbook pro (from 2016) I can use the SSD to boot, but on my iMac I get a symbol of a circle with a diagonal line in it (access denied).
I was advised by Apple to format Mojave as journaled but as soon as the installer installs Mojave the disk is formatted APFS, I have no choice and I don't think this is the problem.
Does anyone know what I can do to use a bootable SSD with Mojave on my 27 inch iMac 2020? Thank you very much in advance!
iMac Pro