To modify Flags, select Volume/s from Inventory list, right click and select Special Operations → Modify → Flags to open the Modify Flags window.

Expand each Flag from the displayed list that you wish to modify and select Add, Remove or Toggle. Each Flag value will display how many Volumes (out of the selected ones) currently have (set count) or have not (non-set count) that Flag applied.

Click Apply Updates to save and apply the changes.