I have a different perspective on studying. It worked well for me so I'll share it since I've never heard this style from anybody else.
1. Go through all the lectures, make all the little highlights and notes. Just finish them as soon as possible. You shouldn't need them again if it all once you've already done them once.
2. Re-read the book all the way through.
3. Print out the MCQ's. Read the question, don't look at the answer options. Try to get the answer without looking at the answers provided. If it takes you more than 2 minutes, just read the answer descriptions and read all of them. When I first started studying, I tried to get every answer right and that's not the point. The Becker MCQ's are meant to help recall and supply additional fact nuggets that weren't explicit in the text. And if you're taking more than 2 minutes to recall, then you need to work on re-reading which would be provided by reading the answer descriptions. Mark the ones that are you giving you trouble and go back to them several times. Make additional notes and highlights on the questions so you can remember what gave you trouble last time and highlight particular phrases and fact nuggets from the answer descriptions.
4. If you feel you need extra practice, try Wiley's software. But by the end, I was able to do all the questions from memory without looking at the answer choices.
Once I went through all the material, I used Jeff's NINJA guide and reviewed it for atleast a half hour every day to build up my recall. For example, when you get to the Pensions section in FAR, Jeff provides the high level stuff you must know, but a bunch of other things about pensions should be going through your head at the same time (like doing the actual calculations).
I passed all my sections with only a week of 8am – 8pm study for each exam (with the exception of FAR because I couldn't get to 8 and 9). And the only way I was able to do that was not spending hours racking my brain on a questions where the answer descriptions and making your own notes are a lot more valuable.