For sure, the engine, body and frame all have to be grounded. You should make the engine block the main source for all grounds by connecting the negative battery cable to it. The largest current drain on the Bronco is the starter motor, which is grounded to the block.
Not sure, as Steve83 suggested, that it's necessary to have that heavy of a ground cable to the frame. On a stock Bronco, the only thing that grounds to the frame is the fuel level sending unit. But, it certainly won't hurt.
On my Bronco, I have the negative battery cable bolted to the block at a threaded hole behind the alternator. I have the body grounded using a braided ground strap (Help section of auto parts store) bolted to the rear of the intake manifold and to the firewall. I also have another ground strap bolted to the block at the same point as the negative battery cable, and running over to the frame.