$**$Objective Type Question:$**$

Which of the following factors is critical for ensuring the sustainability and financial health of nonprofit organizations?

a$)$ Prioritizing short$-$term financial gains over long$-$term stability.

b$)$ Dependence on a single source of funding.

c$)$ Establishing diverse revenue streams and prudent financial management practices.

d$)$ Ignoring financial reporting and compliance requirements.