UPDATE myTable SET myField = -1
or
UPDATE myTable SET myField = True
Easy enough to do in the query design tool as well. If you need criteria so that the update affects only certain records, you need to add criteria to that. As written, all records would update. Update query does not produces a result set, so if you switch to datasheet view from the query design view, you cannot see the records that will be affected. However, you can see how many will be affected by counting the rows in the datasheet view.
The more we hear silence, the more we begin to think about our value in this universe.
Paraphrase of Professor Brian Cox.